Crypto Mumbles – Telegram
Crypto Mumbles
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things I mumble to myself about crypto

basically my transparent crypto diary

education, analysis, and trades 🙂

Twitter: https://twitter.com/dpycm
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Crypto Mumbles
descending broadening wedge seems to be forming upside break with strength and we go for 29k a breakdown and we’ll see 24k and lower bids are strong at 25k support so i think if we do head down it’ll be another wave and reaccumulation clear insider trading…
correct so far but let's see how high we'll go

since then, we've seen one additional wave downwards to reaccumulate at 25k where the strong bids are before heading up

will be shaving profits slowly on longs with trailing stops

btc.d is >50% so get out of alts for now
bringing back this GCR golden tip

"Within alt cycles, you should crank up risk when the trend first reverses, and begin to gradually protect capital as time passes

People lose because they do the exact opposite;slow early, and increasingly greedy with time"

https://twitter.com/GCRClassic/status/1621989687878369282?s=20
look for select strong alts to bid w conviction and stick mostly to btc while the narrative is around it

the trend is your friend !

https://twitter.com/ReetikaTrades/status/1671206156235157515?s=20
recently seeing some tweets on how fxs is undervalued

https://twitter.com/OuroborosCap8/status/1671134355824201728?s=20
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Forwarded from Crypto Goodreads
Why Blackrock Bitcoin ETF is bullish:

"There's like $6T in 401ks.

1-2% of this capital could easily make its way into Bitcoin through the BlackRock Spot ETF.

Financial advisors will be incentivised to put this idea forward as they can finally get their cut.

Don't overthink it.

It's a huge catalyst."

https://vxtwitter.com/joemccann/status/1671178275014729729?s=19
level up
Forwarded from infinityhedge
POWELL: WE SEE STABLECOINS AS A FORM OF MONEY
BTC run good and we go into alt szn ples

if you were here last cycle you’d recognise this

for the newer people, this is how money flows in crypto

gotta burn it into your minds
Forwarded from Watcher Guru
BREAKING: $30,000 Bitcoin

@WatcherGuru
opened a short here @ 30700

this price action looks weird to me to have blasted through without retracements which is a bit unhealthy imo

also i believe it’s just a lot of fomo traders joining in the longs on the way up hence price keeps pushing higher

this is in addition to institutions filing for spot BTC in succession (well timed don’t you think? almost as if theyre trying to pump prices)

build a jenga tower too tall without foundations and it’ll collapse

invalidation around 31500 it’s pretty good RR anyw

might be wrong on this but i’ll take my chances
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