1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:

Koichos

Koichos

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Gloxina said:
He’s back!




@Bushmaster69 @Koichos

He thinks the run is over :sadcam:
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Once bitcoin closes two weekly candles below the 50W SMA ($102,370) - then, and only then, will I be on board. However, even at that point we don’t break the uptrend on the monthly until we fall below $74,000. In other words, we technically can’t say the bull market is over until then. Now, am I willing to ride it all the way down to see if we continue upward? No, we’re too far into the cycle and sentiment would be ruined. That said, I am in a hedge short as we are entering mid-4th Quarter of a post-halving year..
 
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Gloxina

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Koichos said:
Once bitcoin closes two weekly candles below the 50W SMA ($102,370) - then, and only then, will I be on board. However, even at that point we don’t break the uptrend on the monthly until we fall below $74,000. In other words, we technically can’t say the bull market is over until then. Now, am I willing to ride it all the way down to see if we continue upward? No, we’re too far into the cycle and sentiment would be ruined. That said, I am in a hedge short as we are entering mid-4th Quarter of a post-halving year..
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Bushmaster69

Bushmaster69

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Gloxina said:
He’s back!




@Bushmaster69 @Koichos

He thinks the run is over :sadcam:
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First off, I'm glad Edo Farina is back. I hope he starts collabing with the twins again. I love their deep dives and takes on this sphere.

As for if he is right, I don't think he is on this one. He has been wrong before. Many of the other analyst i know would disagree with his take.

This cylcle, and the political/legal impacts on it makes the future hard to predict. The last time another youtuber told his followers to take profits before January 20th/2025, due to him believing the price of the coins he was promoting would drop after Trump was inaugurated, the opposite happened. He had to scrub his youtube channel and his other social media pages of his smooth-brained ideas.

At the end of the day, I am a long term investor. I firmly believe that time in the market is better than timing the market. All of this is noise to me to be honest. If you are over exposed to crypto, or using leverage, then I would recommend paying off the debts, and shifting a portion to stable coins/precious metals/etc... to protect yourself.
 
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Gloxina

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eeeeeeh yea something is going on.



Coinbase will be down tomorrow morning— this was announced 1-2 weeks ago.

However, I just received a notification that Webull Pay (webull’s separate crypto app) will also be down at the same time tomorrow morning.


Hmmmmm
 
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Gloxina

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Bushmaster69 said:
First off, I'm glad Edo Farina is back. I hope he starts collabing with the twins again. I love their deep dives and takes on this sphere.

As for if he is right, I don't think he is on this one. He has been wrong before. Many of the other analyst i know would disagree with his take.

This cylcle, and the political/legal impacts on it makes the future hard to predict. The last time another youtuber told his followers to take profits before January 20th/2025, due to him believing the price of the coins he was promoting would drop after Trump was inaugurated, the opposite happened. He had to scrub his youtube channel and his other social media pages of his smooth-brained ideas.

At the end of the day, I am a long term investor. I firmly believe that time in the market is better than timing the market. All of this is noise to me to be honest. If you are over exposed to crypto, or using leverage, then I would recommend paying off the debts, and shifting a portion to stable coins/precious metals/etc... to protect yourself.
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No, I haven’t done anything irresponsible.

I actually have more to deploy. I’ve still been really conservative because I want to see how bad things get economically…but I plan to do some purchasing later anyway.


I feel like things might be taking off
 
ORDER_66

ORDER_66

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Gloxina

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Bushmaster69 said:
Be very careful with the info you get from crypto bellweather. The guy is a quack and has some really bad takes. He was coaching another youtuber named Noatycrypto who FUD the shyt out of XRP, and had to delete most of his videos.
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Good to know!

His thoughts on shorting crypto (at the appropriate times) make some sense… I’ll give him that.
 
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