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We’ve been anticipating this drop in premium for a while. Now is the time to start buying
If you didn’t buy when I said at 50k you get your second shot here for 2nd best RR long setup
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Let's pause to take a look at the macro landscape. That puell multiple is not at the "top" levels yet. We could get another temporary top though at the red line which is at 73k now. Historically the biggest months for BTC are at the end of the year so just keep that in mind.
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Even longer term after we get a blow-off top this year presumably we still have the 1 mil target after the next halving. many got rich this cycle, but luckily you got another chance to get stupid rich later on if you put in the hard work with me. That's my end target and this is just a temporary bull cycle until we get to the 1 mil target. Bear markets are just bull markets for bears.
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Elon and Michael Saylor aren't buying for the 100k target. They are buying for the 1 million target.
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BTC has a lot of fundamental changes coming to it that even potentially makes things like LINK unnecessary. Discrete Log Contracts will be Smart Contracts for BTC built on the base layer and that will grow over the next 5 years. I see so much positive developments coming. We've been here for the last 5 years and i'll be here for the next 5 years as long as you guys want to keep making money together.
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i'd prefer to see some rebalance and gaps on both ends to fill
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some bullish counts are invalidated now and a macro move down to here really isn't out of the question
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king of like this in 2017 where an almost 40% move came into majro support before big expansion upwards.
Shared this with premiums after the dump and was closely watching it. Kept structure and seems will be watching for move up even without BTC looking impulsive and not complete yet.
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for me it's a little trickier cuz i'm still very bullish ETH and if the spot chart goes deeper then i'd definitely rethink my bullishness. I mean it could decouple like last market top where BTC made a high and ETH made it's high a month later
my own count personally but implies some things afterwards
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Month close today. Lot of Confluence at that 50.6 range still so might see volatility come at daily close and month open
About to have an awesome bull run, we've been tracking great setups prepping for this along with some nice small smaller market cap ones with huge upside
Posting for clout later
Was expecting significant ETH pullback 2 days ago in premium. Did the small push up to tag level and you know the story from there.