See you in 2025 "good-bye"My planning is complete I'll be back in 2025.
I will not be watching the market for a long time so this account will be ignored.
Once you got the lowest buy your comfortable with just ignore everything else going on.
There will be pumps and dumps but the overall growth for my large low purchases will be excellent just like before.
Stay positive and live life. Don't let your assets take up all your time.
BTC trade ideas
Unit value of BTC walletsAt first this is an analysis just out of curiosity, maybe it doesn't mean anything...
The marketcap of a cryptocurrency is obtained by multiplying the price by its number of units in circulation.
Then:
BTCUSD = U$ 19 K
BTC_SUPPLY = 19,176 M units
BTC MarketCap = BTCUSD x BTC_SUPPLY = $365.3 B
What would happen if the market value were evenly distributed among all wallet addresses?
Calculation:
BTC MarketCap = $365.3 B
Number of BTC's wallet addresses = 1,036 B
Unit value per wallet = BTC MarketCap ÷ Number of BTC's wallet addresses = U$352
Graphically speaking, the value is in an interesting region, at the 0.618 Fibonacci retracement.
BTC market cap bottom $$$The BTC market cap appears to have bottomed out or close to the bottom. The stochastic does not appear to have a bull signal yet. Interesting though, that BTC market cap has never fully bottomed out using the wave trend with stochastic since the last bull run of 2017/2018. This could be an indication of a crazy bull run in the future.
BTC/SPX - not ready yet !Bitcoin isn't yet ready to outperform stocks - specially with stock's bounce. This chart shows the why BTC kept in place while stocks bounced - a cross to the upside would really push the price, but it seems the confluence of resistance at this level is too strong - Very likely we will see another drop soon (here to retest the bottom again) - around or during the weekend when stocks will be sleeping.
Keep monitoring it - if we don't break the bottom support - we will break out and have some relief after !
BTC against SPXCrypto is trying to hold it's position - and it looks like this macro double bottom could play out into a small relief for crypto outperforming stocks - It could play out in 2 different ways - either stocks crash and crypto holds, or both bounce up - with crypto bouncing higher.
Either way expecting it to happen soon. Most likely to 200 weekly ema.
BTC/SPX forming a curvy channelSo far the relation crypto/stocks hasn't played out and double bottom with a reverse H&S hasn't been confirmed - therefore it keeps withing the descending triangle pattern but also formy a curvy channel - at which we are at the bottom (is that correct english?). Anyways - I would expect Crypto to recover a bit from there, if it doesn't .... Well - I marked the next support level. This would be brutal.
How do crypto options contracts affect the market?Hi Friends
Today we will explain the option contracts affect on crypto and other markets.
First lets see whats an option contract?
Options are derivative contracts that entitle the purchaser to buy or sell the connected asset at a predetermined price before the contract expires.
There are two types of options , call and put. The right to buy is known as a ‘call’ option, whereas the right to sell the underlying asset is called a ‘put’ option.
Every options contract comes with a specified expiry date which is the last date for settling the contract.
The price at which the options contract is settled is called the strike price .
This is the price at which the options contract owner is allowed to buy/sell the underlying cryptocurrency.
The price at which an options contract is bought is called the premium .
Now, when would you buy a cryptocurrency? Obviously when it is trading at a price that is lower than it should be,right?
This means that you find it to be undervalued and you expect its price to rise in the future so you can sell higher and make money.
But what if the crypto price fell instead? Wouldn’t it be nice if somebody would still buy the cryptocurrency from you at a higher price?
For that you would require selling rights of the cryptocurrency and you will buy a put option.
Now on the flip side when would you sell a cryptocurrency? Of course, when you think that it is trading at a price higher than it should be.
This means that you find it to be overvalued and expect it to fall from here.
But what if the price of the cryptocurrency rose instead?
You would then want to add more crypto at a lower price and sit on assets that are valued higher than your purchase price.
For this you would need buying rights or a call option.
Since options allow traders the right to buy/sell assets at a predetermined price they shield them from the volatility of the crypto markets.
Moreover the volume of the call or put options in the market signals the direction in which investors expect the markets to move.
More put options indicate that investors expect the markets to fall whereas more call options indicate that investors expect the market to rally.
Now when the option contracts are near their expiration date, large players try to drive the underlying crypto price into a favourable range depending on the option contracts they have purchased. This is done so that the deal can become profitable.
In summary:
Buying a Call (Long) = Bullish -----> you think the crypto will be worth more later so you want to lock in todays price to buy later at a profit.
Selling a Call (Short) = Bearish -----> you think the crypto will be worth less later so you want to lock in todays price to sell later at a profit.
Buying a Put (Short) = Bearish ------> you think the crypto will be worth less later so you want to lock in todays price to sell later at a profit.
Selling a Put (Long) = Bullish --------> you think the crypto will be worth more later so you want to lock in todays price to buy later at a profit.
I hope you enjoy this education please share me your opinions in comments.
thank you all specially @TradingView team
When ETH flips BTCJust two squiggles crossing each other. NFA
Crypto is highly circular. It will return, but requires a lot of time for people to recover from their losses during 2020-21.
Considering poor Macro conditions, it could take longer, but the asset class is becoming more mature so I think there will be faster cycles.
Not confident that BTC will reach ATH after losing the number one spot to ETH.
ETH becomes 1T asset by 2025.
Vitalik wins the nobel prize for economics in 2030s.
BTC cheat sheet lowsFTX Caroline unloaded spot today high on adderal
Enemy of our lows
Worst case does 100B leave in an event
praying lows hold
Skeptical until cash bid side flows in
War chest has been partially deployed
Navigating risk of Jane street alum shorters
I will not die in battle
cash is trash but strong not even net long yet
have cash & equity to weather WAR Times
BTC/SPX relationshipCrypto is trying to hold the area it is in compared to stocks - holding the support and trying to form a double bottom - Too early to say it is successfull, because fear is still out there - but it is a really good spot to start DCA'ing into Crypto as there are high chances of bouncing up even stronger that stocks will - and that is mainly because when investors will open up to the idea of buying in, they will go big time into risky-assets. That's the idea.
The Flippening UpdateWhenever ETH market cap approaches 50% of BTC market cap, the BTC-ETH plot in yellow, there is a sell off. However, in recent years ETH has been holding up better and gaining ground on BTC. This means money is flowing from BTC into ETH. As BTC-ETH nears 0 we should finally see ETH break out above it. Perhaps even this time! However there should be more pain in the crypto market first; as BTC still needs to come down a lot before ETH can take the reigns.