Ty pengu

btc quick update

according to plan 🤝

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

just an extended shakeout after sweeping highs

if you're selling now then...

ngmi

enjoy the dip!

you selling?

https://cointelegraph.com/news/bitcoin-bargain-3rd-biggest-whale-address-adds-207-btc-at-62k

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

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 !

September scenario recap!

look where we are now 👀

that's today

huzzah!

https://cointelegraph.com/news/vaneck-bitcoin-futures-etf-to-launch-on-cboe-on-nov-16

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!!

finally..

some neutrality

"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

hmmm

you reckon?

aight 🤩

we have our first winner!

https://www.coindesk.com/tech/2021/11/18/acala-wins-first-polkadot-parachain-auction-with-13b-in-dot-committed/

finally!

slight extended here on btc

looking for higher time frames should this play out

and we got’emmm

BTC TP1 hit for the pals 🎉

if you're interested in making a moonbag

grab some POLK on kc

small amounts and let it run for you

small amounts because it's a riskier small cap play

similar to LSS and BLOK

enjoy!

here's an upcoming project to keep an eye on that fits the narratives

Monkeyball

MonkeyBall is the next-gen esports metaverse game.

MonkeyBall combines high-production value, multiplayer gaming with Solana blockchain, NFTs, and decentralized finance to deliver an exciting, turn-based, play-to-earn soccer game that’s easy to learn yet hard to master.

The IDO/IGO Will happen on the 30th of November and registrations open on the 27th.

https://twitter.com/monkeyballgame/status/1461334163928276994

Monkey Ball: Website | Telegram | Twitter

cheers!!