Monetary Economist. Bitcoin — Class of 2013

Massachusetts, USA
Joined August 2021
Before $BTC reaches its final cycle top, there will be some excellent local cycles for short-term trading. But those opportunities are for investors who are already fully allocated to Bitcoin. Those who aren’t fully allocated should be buying it blindly at any price below $93K.
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Why do Trump and his supporters admire Putin more than they admire Trump himself?!🤔
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So you’re telling me that these EMAs, which have correctly confirmed every local and global bottom throughout $BTC’s history, are wrong this time, and that the bottom isn’t in because of the 4-year cycle theory? No.
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The other day, I was having dinner with a university dean from the Netherlands, and he told me he had bought a substantial amount of gold. When I asked him why, he said: “You know, when you have extra money, people start giving you advice on how to invest it - Ponzi schemes, crypto, and all sorts of things. But I just want a safe investment. I want something that always appreciates. That’s gold.”🫢
This is probably my last post about gold. I really hope that everyone who follows me is already out of gold and fully in Bitcoin, mainly because the next year is not about gold - it’s all about Bitcoin.
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Don’t follow the news. Focus only on the charts. If you manage to develop immunity to the news, you’ll become very rich. bitcoin:native
Latest update: anything below $92K is the bottom.
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The daily RSI is signaling that today is a buy day for bitcoin:native
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I was wondering why Tesla stock wasn’t soaring after Thursday’s presentation, and then I learned that many expect it to dump on Monday. 🫢 $TSLA
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bitcoin:native delivered an 8x return during a prolonged period of stagnation, leading almost everyone to believe that it had experienced a bull market. Now that the stagnation period is over, Bitcoin can demonstrate the difference between stagnation and a genuine bull market.
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You may have heard of Bitcoin’s mean price, which currently stands at $104K. Once the bottom is in, buying Bitcoin before its first retest of the mean price line is considered an exceptionally good opportunity.
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Because this was a mid-cycle correction, buying today means buying at the bottom.
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Gold and silver prices plunged because they were due for a correction, not because of the news.
JUST IN: Gold and silver prices dump following higher-than-expected inflation report, wiping out a combined $700,000,000,000
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The overwhelming majority still doesn’t recognize that the bottom is in for this cycle. Why? Because we haven’t seen real capitulation. And why haven’t we seen real capitulation? Because this was a mid-cycle correction, not a genuine bear market. So why is it so important to recognize the recent 50% drawdown as a mid-cycle correction? First, if you fail to recognize it as such, you won’t buy the bottom. After all, it’s perfectly logical to expect lower prices if you believe you’re in a regular bear market. Second, you’ll most likely end up buying back at prices significantly higher than where you sold. Or you might not buy back at all, because you become frustrated with Bitcoin for not behaving the way you expected. Third, and most importantly, you’ll miss the opportunity to properly capitalize on the post-mid-cycle correction phase, which is fundamentally different from a regular bull market cycle.
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