#BTC - Moving perfectly to our target. Keep holding, remember target 1 doesnt mean I will take full profits but a portion of profits, I think between 15-20% of position size will be taken profit in the region of 65k from our current 53k long. $BTC #BITCOIN
Many altcoins, especially low caps, are giving very good returns these days. And in my opinion, the altseason hasn't even started yet.
The altcoins market cap index (OTHERS) is giving its first bullish confirmation, which is a very good sign and could indicate the beginning of acceleration. If/when it gives the second bullish confirmation (above the dark zone), that's when the fireworks could start.
I missed several opportunities in 2023, but as I often said, there will always be more. Itâs all about patience, timing and choosing wisely, and now feels like one of those great moments.
I saw many analysts who said if we see 50bps they consider to sell all their spot holdings and go full bear mode. Now these analysts are silent and pretend as if they have been right. They make me very upset because all they do is selling you expensive courses without providing real value. I keep repeating it many times, always double check who you truly follow. I can tell you most of them wonât care about you!
More and more altcoins are starting to outperform, breaking their downtrends and giving bullish confirmations. It's great to see the analysis playing out. I hope you're finding the content helpfulâif you do, feel free to show some support. It goes a long way in letting me know it's making a difference.
They want to make BTC like gold, silver and all the other commodities. Suppressing it with paper sales with 2-30 days of settlement in cash.
Easy explaination: There is no real proof how much BTC BlackRock really owns as the transactions are recorded Off chain. I canât believe how all the low IQs thought BlackRock is going to play by rules lol.
People often misunderstand the difference between emergency cuts, programmed cuts, expected cuts, and priced-in cuts. What we are seeing right now is far beyond what I would describe as an emergency. Powell will likely highlight how inflation is going lower toward the 2% target and the favorable CPI and PPI numbers that are also better than market expected at the beginning. Using this as a reason for rate cuts which are above the first expectations. Currently, the market has priced in a 0.25% to 0.50% cut. Ignore short-term volatility, as the Fed will almost certainly print money again. Donât compare this cycle to others or to other emergency cuts; each rate cut is unique and should be analyzed on its own terms.
Only someone with no knowledge about this market would repeat the mainstream narrative that others are discussing. No, a rate cut does not signal that âsomething broke,â as some misguided analysts claim. We already know that something is broken in our system, we have known this for a long time. We are just waiting for the quantitative easing cycle, which is definitely coming. You will hear in the coming days âSomething is Brokeâ mainly in the mainstream media and especially by those analysts that have no clue what they are talking about. Everyone with a piece of brain knows that money printers are just a matter of time and programmed big.
Itâs high risk management and surviving season. All positions stop loss set at entry. These days are once in a century, survive it and enjoy the coming years.