Michael Saylor's Strategy has just authorised plans to sell up to $5 billion in Bitcoin.
Helllooooo lower lows that i have been telling you about for over a year, lfg!
BTCActivation price $63,007.06Direction ShortType DirectionalTimeframe Mid
Max Favorable +1.2%Max Adverse −0.1%ACTIVE
Some truth for the tl since everyone is still delusionally bullish:
1. Oil is above $100
2. Iran is rejecting every ceasefire on the table
3. Bitcoin can't hold 65k
Patience is everything right now, this is exactly the environment lower lows get made in.
BTCActivation price $64,173.6Direction ShortType DirectionalTimeframe Mid
Max Favorable +0.5%Max Adverse −0.2%ACTIVE
So gold is pumping this morning,
Bitcoin is bleeding and ETFs are still selling off...
If you bought into the supercycle narrative this probably isn't fun for you,
But if you've been patient like me, this is great!
The DCA window is opening, not closing.
BTCActivation price $63,452Direction LongType DirectionalTimeframe Mid
Max Favorable +1.5%Max Adverse −0.5%ACTIVE
Bitcoins is going lower but there’s a mini meme cycle happening https://t.co/kxNBQih6hm
BTCActivation price $62,568.18Direction ShortType DirectionalTimeframe Mid
Max Favorable +0.0%Max Adverse −2.9%ACTIVE
Obviously bitcoin couldn't hold $64k, I said this was coming.
Oil's ripping, and the Fed won't cut.
This is exactly the setup I've been waiting months for.
Lower lows coming, things are about to get very exciting! Bearish for now, not forever.
BTCActivation price $62,853.99Direction ShortType DirectionalTimeframe Mid
Max Favorable +0.5%Max Adverse −2.4%ACTIVE