Crypto Mumbles
usually what happens after a dump like that is a slow bleed to sweep lows keyword: USUALLY I don't expect lower than 61k for now if that were to happen now with that information continue trading safe take care!
slow bleed is happening rn
lows are being taken out
i can't give you a specific price point to how low price will go as I do not know how low or thorough whales want to sweep
but I can say for sure after this sweep we're heading up no less 🚀
if you're interested in longing, keep your stops loose
cheers!!
lows are being taken out
i can't give you a specific price point to how low price will go as I do not know how low or thorough whales want to sweep
but I can say for sure after this sweep we're heading up no less 🚀
if you're interested in longing, keep your stops loose
cheers!!
random, but I thought of sharing it because it was kinda inspirational when I came across it
"If you're going to change the world, you don't have to ask for permission."
I think this applies to the goals and dreams that we have for ourselves
go for it!
enjoy the rest of your Sunday 🍻
"If you're going to change the world, you don't have to ask for permission."
I think this applies to the goals and dreams that we have for ourselves
go for it!
enjoy the rest of your Sunday 🍻
Crypto Mumbles
usually what happens after a dump like that is a slow bleed to sweep lows keyword: USUALLY I don't expect lower than 61k for now if that were to happen now with that information continue trading safe take care!
gave you btc movements from down to up
hope the analysis helped you out a bit there
micro analysis can be hard to give sometimes (hard to predict every single movement), so I usually prefer to give more macro ones
regardless, I'll try to keep you guys updated as much as I can
as always, NFA and DYOR in this channel
thanks for being a sub
cheers to CM
hope the analysis helped you out a bit there
micro analysis can be hard to give sometimes (hard to predict every single movement), so I usually prefer to give more macro ones
regardless, I'll try to keep you guys updated as much as I can
as always, NFA and DYOR in this channel
thanks for being a sub
cheers to CM
just an extended shakeout after sweeping highs
if you're selling now then...
ngmi
enjoy the dip!
if you're selling now then...
ngmi
enjoy the dip!
please stop buying the dips guys so we can go up soon 🥵
even with such dips retails are unfazed
whales aren't happy and wanna shake more of y'all out
https://twitter.com/glengoodman/status/1460549894339444741?s=20
even with such dips retails are unfazed
whales aren't happy and wanna shake more of y'all out
https://twitter.com/glengoodman/status/1460549894339444741?s=20
Twitter
Glen Goodman
The current #crypto market correction is caused by excessive optimism. Every time the leveraged bulls get flushed out, they start buying futures on leverage again almost immediately. Corrections last as long as it takes for most traders to start losing hope…
Forwarded from CM Huat Pals
heads up here,
I want you to keep this in the back of your mind as a note
given the recent dips and retails being unfazed, we will likely go deeper because a shakeout isn't a shakeout until retails start selling amiright?
if this distribution pattern plays out then we'll have a markdown to 52k area
the revisit might be a quick one, because I still stand by the view that the longer btc is suppressed, the quicker the expansion
time is running out!
also, 52k would be a pessimistic scenario
remember what happened in September -> people were calling for 37k btc but did it happen?
and why keep this idea as a note? because similar to the september scenario again, MMs like to paint a bearish picture before a 'sike'! gotcha!
(basically the supposed distribution didn't play out to 37k and prices spiked to ATH instead)
there are signs of accumulation in this range, so bias is still bullish
take care and #wagmi !
I want you to keep this in the back of your mind as a note
given the recent dips and retails being unfazed, we will likely go deeper because a shakeout isn't a shakeout until retails start selling amiright?
if this distribution pattern plays out then we'll have a markdown to 52k area
the revisit might be a quick one, because I still stand by the view that the longer btc is suppressed, the quicker the expansion
time is running out!
also, 52k would be a pessimistic scenario
remember what happened in September -> people were calling for 37k btc but did it happen?
and why keep this idea as a note? because similar to the september scenario again, MMs like to paint a bearish picture before a 'sike'! gotcha!
(basically the supposed distribution didn't play out to 37k and prices spiked to ATH instead)
there are signs of accumulation in this range, so bias is still bullish
take care and #wagmi !
CM Huat Pals
Is the same fractal going to repeat itself? Are we in a distribution that's leading to a bear market? Should I wait for the next dip @ 38-39k to buy? Rule One of Wyckoff: "Don't expect the market to behave exactly the same way twice." imo, rn smart money…
September scenario recap!
look where we are now 👀
look where we are now 👀
that's today
huzzah!
https://cointelegraph.com/news/vaneck-bitcoin-futures-etf-to-launch-on-cboe-on-nov-16
huzzah!
https://cointelegraph.com/news/vaneck-bitcoin-futures-etf-to-launch-on-cboe-on-nov-16
Cointelegraph
VanEck Bitcoin futures ETF to launch on CBOE on Nov. 16
The Chicago Board Options Exchange will start trading VanEck’s Bitcoin Strategy ETF on Tuesday, shortly after the SEC rejected VanEck’s spot Bitcoin ETF.
almost 500 subs!
thankful for each and everyone of you here
hope to bring more value to the table in the future
amazing community, lfg CM!
to the top with you,
cheers!!
thankful for each and everyone of you here
hope to bring more value to the table in the future
amazing community, lfg CM!
to the top with you,
cheers!!
"In the paper, Cantillon posited that the early recipients of new money entering an economy will benefit more significantly than those it trickles down to.
In other words, the "flow path" of the new money through a system matters."
interesting read 👍🏼
https://sahilbloom.substack.com/p/how-the-rich-get-richer
#reads
In other words, the "flow path" of the new money through a system matters."
interesting read 👍🏼
https://sahilbloom.substack.com/p/how-the-rich-get-richer
#reads
The Curiosity Chronicle
The Cantillon Effect: How the Rich Get Richer
A breakdown of what it is, how it works, and why you should care
we have our first winner!
https://www.coindesk.com/tech/2021/11/18/acala-wins-first-polkadot-parachain-auction-with-13b-in-dot-committed/
https://www.coindesk.com/tech/2021/11/18/acala-wins-first-polkadot-parachain-auction-with-13b-in-dot-committed/
CoinDesk
Acala Wins First Polkadot Parachain Auction, With $1.3B in DOT Committed
Parachain auctions saw almost $3.5 billion collected by 10 hopefuls, with Acala edging out Moonbeam for the first slot.