While the entire crypto + stocks market has been making new yearly highs, filecoin has been struggeling with a minor resistance. As previously mentioned, this is extremely worrisome for holders/buyers of this asset because extreme weakness in an otherwise extremely strong market is recipe for Ultra Mega Bearish Disaster. I expect this coin to drop to sub $1 and...
Filecoin rejected AGAIN - 80% crash imminent. When a coin such extreme weakness in extreme bull market, it is very bad sign and it makes it much likelier that the coin will crash severely, ruining every bull in the process. Filecoin is a great example of an extremely weak coin. It was $230 and now barely $5. Buying this coin make no sense, it's going to $1.
WARNING: Imminent Filecoin CRASH! $0.10 is next One of the WORST charts in the entire history of cryptocurrencies and assets in general. This SHITCOIN was $230 and is currently trading below $5.51 and has extreme trouble overcoming a MINOR resistance while the shittiest of shitcoins have seen 1000% rise in the past week alone. Filecoin being such extremely weak...
While other coins have pumped massively for the past month, filecoin keeps struggeling with a major resistance. This is extremely bad when the rest of the market is pumping and breaking resistance after resistance with extreme ease. Since the market is poised for a correction, and since filecoin is pausing at major resistance for the 4th time, the chances of an...
USD liquidity conditions are comprised of three parts: The size of the Fed’s balance sheet. FRED:WALCL The Fed credits member banks’ Fed accounts with money, and in return, banks sell the Fed US Treasuries and/or US Mortgage-Backed Securities. This is how the Fed “prints” money to juice the financial system. The size of Reverse Repo (RRP) balances...
Mass hysteria and panic was achieved this week similar to past capitulations We are due a bounce. Let's watch & see how it plays out... I am long ETH spot, and quite happy at picking up a long term bag for close to an 80% discount. Arthur Hayes has a 10K target which i concur with.
I mean, for all I know, Arthur picked $50K because it was a round number and major psychological barrier. Nonetheless, I see a ton of people saying "it's impossible". Those people either weren't around last year, forgot we pumped $10k in 10 days, or are just regurgitating meme-laden bullshit from discord and may very well be retarded. Either way, $50K is totally...