Forwarded from Watcher Guru
JUST IN: 🇺🇸 FED Chair Jerome Powell says "we are pleased with the progress on inflation."
@WatcherGuru
@WatcherGuru
Powell: this inflation has been very different as we had a higher demand but lower supply.
Is this time really different?
Is this time really different?
Forwarded from Binance Futures Liquidations
🟢 #BTC Liquidated Short: $79.3K at $44448.60
DiveInDefi
When in doubt, zoom out. I just realized for myself: as long as we are abobe the upper trend line, everything is noise and it is good to look for juicy dips on alts. When/if we break this upper yellow line and close 2-3 Dailys below it (currently 37-38k…
Just basic Elliott Wave Theory for you guys:
We are approaching wave 5.
- Wave 5 can end at last high: $44.700~ (truncated)
- Wave 5 can be kinda short: 48k ish
- Wave 5 can giga extend: moon.
All of this above would be wave 3 of the 5 waves up of this bullrun.
Meaning: 1 larger correction and one last larger upmove that either gives us a double too or ultra bullrun.
If this theory above is correct, we are less than half way through the macro bullrun right now.
If you personally ask me, that is also what my gut tells me.
We have been macro up only for 12 months. Either way, I would be very surprised if we do not get a big retracement soon again.
Maybe something like 2017/2018 when btc peaked at Christmas with a altseason an January and then big retracement. However, I do not see a long-term bear market next year but a bigger retracement before further up only.
Current uncertainty for me: I am not 100% sure if we completed wave 4 down in the macro wave 3 up(I am talking about the middle part, between macro point 2 and 3, purple box that has not properly been hit, yet). If we didn’t finish this, and not going to hit it, we got another bonus upmove in the sleeves. That would mean next retracement will be small again and one more upmove before the bigger correction.
We are approaching wave 5.
- Wave 5 can end at last high: $44.700~ (truncated)
- Wave 5 can be kinda short: 48k ish
- Wave 5 can giga extend: moon.
All of this above would be wave 3 of the 5 waves up of this bullrun.
Meaning: 1 larger correction and one last larger upmove that either gives us a double too or ultra bullrun.
If this theory above is correct, we are less than half way through the macro bullrun right now.
If you personally ask me, that is also what my gut tells me.
We have been macro up only for 12 months. Either way, I would be very surprised if we do not get a big retracement soon again.
Maybe something like 2017/2018 when btc peaked at Christmas with a altseason an January and then big retracement. However, I do not see a long-term bear market next year but a bigger retracement before further up only.
Current uncertainty for me: I am not 100% sure if we completed wave 4 down in the macro wave 3 up(I am talking about the middle part, between macro point 2 and 3, purple box that has not properly been hit, yet). If we didn’t finish this, and not going to hit it, we got another bonus upmove in the sleeves. That would mean next retracement will be small again and one more upmove before the bigger correction.
Forwarded from Parallax Announcements
🔴 LedgerHQ/Connector is compromised, any dApps that use it is vulnerable.
Do not interact with any dApps until further notice. It's a blanket statement until we further narrow it down.
Parallax doesn't use Ledger connector and our CTO has confirmed that we aren't affected.
https://twitter.com/MatthewLilley/status/1735275960662921638
Do not interact with any dApps until further notice. It's a blanket statement until we further narrow it down.
Parallax doesn't use Ledger connector and our CTO has confirmed that we aren't affected.
https://twitter.com/MatthewLilley/status/1735275960662921638
X (formerly Twitter)
I'm Software 🦇🔊 (@MatthewLilley) on X
🚨🚨🚨 RED ALERT 🚨🚨🚨:
Do not interact with ANY dApps until further notice. It appears that a commonly used web3 connector has been compromised which allows for injection of malicious code affecting numerous dApps.
Do not interact with ANY dApps until further notice. It appears that a commonly used web3 connector has been compromised which allows for injection of malicious code affecting numerous dApps.
DiveInDefi
DXY definitely playing in btcs favor. I would be highly surprised if we do not retest this channel.
As you can tell, I am becoming more and more shaky the past days. DXY is approaching this very big support and retest. SPX breaching towards ATH and DJI is breaking ATH.
We are due for a correction in my opinion but it is very hard to tell when right now.
I am personally overinvested but I kinda refuse to sell my bags but I feel like I should.
We are due for a correction in my opinion but it is very hard to tell when right now.
I am personally overinvested but I kinda refuse to sell my bags but I feel like I should.
Forwarded from Watcher Guru
This media is not supported in your browser
VIEW IN TELEGRAM
JUST IN: 🇺🇸 SEC Chair Gary Gensler says they are taking a new look at Spot Bitcoin ETF's based upon court rulings.
@WatcherGuru
@WatcherGuru
Forwarded from Watcher Guru
JUST IN: Coinbase files lawsuit against the SEC following denial of transparent crypto regulation.
@WatcherGuru
@WatcherGuru
Watcher Guru
JUST IN: Coinbase files lawsuit against the SEC following denial of transparent crypto regulation. @WatcherGuru
there is no better entertainment than in crypto!
broke down from the resistance zone. For me: a no trade zone right now. My bias is a retest of the uptrend which is 38.xxx right now