DiveInDefi – Telegram
DiveInDefi
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Crypto, economics, TA & shitposting.

All my personal thoughts. I am not a financial advisor and all my posts are no financial advice! Do not take my words for your
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Forwarded from CryptoCapo TG
Some altcoins are starting to give bearish confirmations.
DiveInDefi
Adding this 2cnd support line here. I stay with it, above either those -> we good. Below -> we probably not short-term
Btc once again looking to puncture this 38k resistance again. Not many more attemps left to break
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If anyone stills asks himself why capo is wrong again:
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Forwarded from Watcher Guru
JUST IN: 🇺🇸 SEC Commissioner says "there's no reason for us to stand in the way of a Spot Bitcoin ETF."

@WatcherGuru
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DiveInDefi
Higher low bullish retest and link. Same here. Hold and we good. Break = very bad.
Link forming a triangle. Usually this is a continuation pattern. In this case ⬆️
DiveInDefi
Btc once again looking to puncture this 38k resistance again. Not many more attemps left to break
By the way, every weekly has closed above this major trendline so far on btc.
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DiveInDefi
Fomo (yellow) and bullish (red) scenario for me
Bullish case for sushi has come to pass
We need to fight the $1.3~ to push to the next leg up.
DiveInDefi
By the way, every weekly has closed above this major trendline so far on btc.
Looks like we 6th green weekly close in a row. This reminds me of the start of the last bullrun in 2020
DiveInDefi
Photo
SOL broke the uptrend today. BTC still in its ascending triangle. It seems like alts want to take a dip. If you ask me this is very good as we need some pause for a longer uptrend. If you are short-term minded I would be concerned for alts right now.
DiveInDefi
Looks like we 6th green weekly close in a row. This reminds me of the start of the last bullrun in 2020
On BTC as said before it is still looking good in general. The only issue I have is that this red circle above could play as a blow-off top. We will have to see what is happening in the next days. Generally spoken it still applies: Red and yellow uptrend unbroken = unconcerned. Break = likely a dip towards 30-34k range.
DiveInDefi
It just keeps going. We are closing on the red cirlce. I wouldn't be surprised to see a small pullback after hitting the red circle before we keep going.
Overshot a little on the SPX but it looks like we are falling over right now.
Stay cautious we might see a dip everywhwere very soon.
DiveInDefi
https://x.com/edwardmorra_btc/status/1729446653063528479
„ETF might be priced in but dumb/retail money is certainly not. This is what gives us real expansion each cycle. They are not here yet (luckily for us) so when they come - you better be well positioned.“
This is very true.
Dips are buys in bullruns
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DiveInDefi
Btw I am mostly bullish on Coinbase $Coin right now. It has consolidated in that 30-100$ range for 1 year. The small pump from last btc surge has been annihilated already due to stocks crashing. It basically is sitting at the same price it sat when BTC was…
GZ on everyone that bough with me here. Lets celebrate together! 85% in a stock in that short period if time, literally the pico bottom of that dip and up only ever since.

$Coin still has a lot of room to grow if the ETF hits and Coinbase gets selected.
Either way I am probably going to take some profit at this 150$ range if we hit that in the short future and rebuy the dip.
Btw, the resson why I am convinced we have bottomed on BTC is because everything feels like the beginning of last bull.

BTC pumps, everyone is surprised wtf is going on, as BTC was a scam and dead, especially alts.

Then BTC pumps further and all fomo into it, alts barely keep up.
Alts seem to good to be true and some ppl buy it and get mad as they are outperformed by btc and eth.

Edit: we are here now and ETH hasn‘t done that much. It‘ll do more soon with more eth etf news probably.

In the end BTC goes close towards previous ath and ppl sell their alts.

Then alts make up for the bleed in like 1 week with insane pumps.

Btc starts to chill and moves slowly only.

All is pumping and everything starts to scam left and right and we head into bear market.

This time will be no differen for thr next months.

Also we will see many many scams. But with BTC getting a longer susatinable pump from ETFs (what I expect), I think we will see heavier pumps on blue chips as ppl will start to speculate on altcoin ETFs.

Shitcoin season might come a bit later.

Remember, most blue chips are still down 80%+
I think its time to slowly look at some micro caps thst survived, are still very active but the chart hasn‘t moved, yet.

If you have some on your watchlist hit me up.
Lol