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!!

BTC liquid supply change reaching lows that hasn't been seen in 3 years

sharp decrease of almost 150k in the last 30 days

supply shock incoming...

received some questions on what does this mean?

1. an increasing trend of liquid supply decreasing -> increasing number of people buying and holding

2. sharpest decrease in the past 3 years -> aggressive buying in the last 30 days

3. notice the timeframe from Q4 2020, with large decrease in liquid supply, price went up before the crash in may where btc was sold -> spike in liquid supply

with a decrease in supply -> increased scarcity -> assuming demand stays constant (no way demand will be constant), prices will spike

imagine an increase in demand due to retailers fomo-ing

where will we go?

enjoy your weekend CM 🍻

BTC

all about perspective

huzzah!

fair point

some ct drama rn

https://twitter.com/zhusu/status/1462216210116853762?s=21

good times when AVAX was still below $100

rn don’t you wish you bought more then?