Butter? or Margin? | BTC @ 4.7M UnderwaterAccording to Glassnode, there's roughly 4.7M BTC held at unrealized losses. People are so over leveraged it's not funny. I'd say bulls have a seriously hard road ahead, at least in the short term and that chart does NOT look good.
Stick a fork in it my dudes.
* * * Not investment advice * * *
Rekt
FACEBOOK (META) Price meet fundamentalThis platform is one of the most horrendous ,disgusting ,censored, corrupt ,dirty propaganda machine human did invented.We see a mass exodus from this platform and probably no sane human will use it in the near future.
Price finally meet fundamentals and this should collapse to zero. But first ..probably a dead cat bounce,the classical liquidity grab,then exit scam..
Target 1:zero!
Out of the 4 FANG stocks ,this i`m bearish at most and i dont think will ever recover!
Glad i did leave this platform years ago ,as I see ,things are even worse now !Absolute horrendous dogsh pile of turd !
Facebook as a shitcoin.
Short!
REKT.
BEE TE SEE or not to BEE TE DIP?FTX:BTCUSD
Reporting Live from Rektville.eth
The situation on the front-line shows no signs of de-escalation.. Both sides of the Bullius and Bearius armies refuse to come to an agreement..
Meanwhile the media AKA as "Utubers" AKA "Buy my digital course" AKA "Sh!tcoins to moon" AKA "What's a trendline?" reporting.
- Moon boys: BTC to $300K end of this day (in full disclosure they probably don't own any BTC to begin with)
- Funeral boys: BTC to $20K and then down to $5 (in full disclosure they dont know what BTC is)
- EMO traders: Got the ENS and PSP airdrop all invested in "Ravencoin" Now they live under a bridge like trolls
- Emotional traders: "Every time i buy it goes down... And every time i sell it goes up! How's that possible?" Well.... It's called trading not shaking.
- Over leveraged traders: "Brooo and then i see the EMAs hitting hard man.. Like Hard! know what i mean? And the RSI?? 33 man... Thats the perfect entry Bro!! and what..." Last famous words of a guy now living permanetly in Rektville
Me: Stop predicting the future.... Roll with the trend consider long term positions! Instant gratification.. Well it's instant and tend to be occasional.
Belief over fear!
Z
Trade safe
for more recipes follow me exclusively Here! TV! Why? It's awesome to change ideas with other traders and learn from each other.
BTC Dominance, Altcoins might get rektTakeaways
-Stoch RSI Bull Divergence cross on weekly after September Correction
-Polynomial regression trend moving upwards ~53% dominance
-Q4 could bring the market cycle to where BTC takes the lead until 80k-100k, with certain alts going parabolic shortly after btc run (shib the new doge?)
-Though can't say for certain that we are in BTC season given an Altcoin Season Index of 43 . But, it is a btc month.
Speculation:
-CeX's temporarily delist alts that fail Howey test
-Taproot upping the competition for native blockchains that don't have smart contracts
-Alt-coin king $ETH having a limit sell block region from 3.8k-4k , with buy limits at every 50$ from 3.25k to 3k. BTC had a limit region like this but back when it was 40k. Maybe $ETH will have the same effect $BTC had but in reverse?
You can still get in on with me, if you have the balls :PMy 1st position running from 55 750:
prnt.sc
My 2nd (gamble) position running from 55 135:
prnt.sc
Looking to take profits on my gamble position after 30-50 % crash. Basically looking for a 10x.
This is pure speculation based on my own information. Do not attempt at home.
Solana Visits the HospitalSolana: Well, doc, I think I did pretty well on my TPS. You may HODL my bag if you like.
Doctor: Well, under the circumstances, I'd rather not.
Solana: Eh?
Doctor: Mr. Sol, I'm afraid you are the rektest blockchains in the United States. You have everything.
Solana: You mean I have production outages?
Doctor: Yes.
Solana: Non functional dashboards?
Doctor: Yes.
Solana: Hysterical selling?
Doctor: Uh, a little bit, yes. You also have several bugs that have just been discovered -- in you.
Solana: I see. You sure you haven't just made thousands of mistakes?
Doctor: Uh, no, no, I'm afraid not.
Solana: This sounds like bad news.
Doctor: Well, you'd think so, but all of your bugs are in perfect balance. Uh, if you have a moment, I can explain.
Solana: Well ...
Doctor: Here's the door to Coinbase, see? And these are oversized bagholders. That's investors, that's adopters, and this cute little cuddle-bug is the founder, Anatoly. Here's what happens when they all try to send their SOL to Coinbase all at once. Woo-woo-woo-woo-woo-woo-woo! Move it, chowderhead! We call it, "Three Stooges Syndrome."
Solana: So what you're saying is, I'm indestructible!
Doctor: Oh, no, no, in fact, even slight whale could --
Solana: In-de-structible...
BTC/USD - waking up of bears, Possible Dead cross & Falling RSIThis is just the idea, vision of the actual situation. I love Bitcoin and crypto at all but it should be good to see the signs and have a realistic view on this situation and we have to consider also the more pessimistic (for moonboys) scenario. If the history will repeat (again) we should see the price below 15k till the middle of 2022. Let me know about your ideas. Feel free to comment and share.
T.A. for Apes - Chapter IHere is some Technical Analysis that even Ham the Astro Chimp would understand.
In fact, I am writing this explicitly to him.
Yo ham,
Check this shit out.
You think this chart is about to flip bearish AF and live up to it's namesake?
Or is this the proverbial DIP?
Stay lifted,
****
So anyway, either the history of price action above becomes resistance now,
OR,
someone could have been buying these very rare priced pokemon.
I have no fiduciary duties or responsibilities
2.4 Billion Dollars Liquidations within the last 24 hours!!Hi , Moonboys
I see a lot of people who think we are now entering a bear market while they don't know the real reason of this dip!
2.4 Billion Dollars Liquidations within the last 24 hours!!
Most what the whole crypto market has ever seen!!
Fundamentally nothing changes with bitcoin but you can clearly see that bitcoin is being manipulated by the exchanges / Whales.
I still believe that btc will hit 70 k within the next couple weeks.
Don't Trade with leverage! Don't get rekt moonboys hold strong , we are in an altcoin season!
How to not get rekt 🤩I've seen this too many times to skip writing about it at this point.
This is NOT the stock market. BTC is still extremely volatile, so play your cards safely, folks. Don't FOMO into your positions like a dummie.
A good trick I've learned from the past, is to buy in with a little, just to get rid of the FOMO. Then when the market "crashes" 20% later this week, you can buy in for cheap.
Bitcoin is still in a correction and I am being very careful with leverage. I don't want to get liquidated just to see BTC go to 65k in it's next move.