This indicator uses the 2Y MA. Green line is the 2Y MA, red is the same MA x5
2ya MA multiplier is rising and at ~48k rn. Price goes parabolic. I would personally love to get a decent correction, would give more space for growth long term imho.
1/29 #Bitcoin thread, updated version
We’ve doubled since the last time I updated this thread, so I thought it would be of some value to update it. Feeling insecure about price action? Too enthusiastic/scared? Maybe this helps a bit, go check it out!
TLDR at 27-29
Let’s go!🔥
This indicator uses the 2Y MA. Green line is the 2Y MA, red is the same MA x5
2ya MA multiplier is rising and at ~48k rn. Price goes parabolic. I would personally love to get a decent correction, would give more space for growth long term imho.
Paper p/l in $Btc. Use it to track investor sentiment.
Market is overheating, everybody is in paper profits, but as you can see “we” as a whole take too less profit. We can stay around greed for a whole year, but a correction at this point makes sense
#Bitcoin likes to bottom out near the 200W MA
Colors are attached to % increase of MA
Blue/purple = Buying opportunity
Orange/red = TP opportunity
The bigger the distraction, the more parabolic price goes, simply said
First green coming(?) Room for growth
To identify periods when $Btc is extremely under/overvalued.
Green= MV unusually far below RV, buying opp
Red=MV unusually high above RV, TP opp.
Now: heating up. Correction first to cool it off plz :)
Nice uptick in realized value.
It’s about value of #Bitcoins being mined and entering the ecosystem.
Green: Value of Bitcoins being issued is extremely low. Buy here
Red: The opposite. Sell here
Now: We are in bull mode and that’s great, but again would love correction to cool it off
Hated & Loved on #CT
Simply put: $Btc is scarce, limited supply. More demand, less flow (halvening): Number goes up.
100k is closer than you think :), but overextended short term, so: correction, sideways and next leg up towards 6 figures plz 😆🔥
#Bitcoins that haven’t moved for more than 1 year. If $Btc goes parabolic, 1Y+ decreases, because there is profit taking. Notice how 1Y+ Hodl went down whole 2017
Right now there is some decent profit taking going on. Makes sense, after a 10x from march, right?
Has historically “called” the top of a full bull market cycle high to within 3 days! It uses 2 not so common MA’s.
Usefull to indicate whether the market is very overheated.
A correction here makes perfect sense. Htf top not in, imho (and indicator😜)
Uses GR multiples of the 350 DMA to pick (intra)cycle highs of the price of $Btc
As #Btc becomes adopted over time, explosive growth on log scale is slowing
Shoot up hard, touched upper multiple. A correction before next leg up makes sense to me
When was it profitable to buy $Btc, relative to today’s price?
% profitable days holding #Btc: 99.8%
Supply = limited
Demand: grows
Price: moves up, over time.
Simple shizzle
Tik-Tokers & rappers who bought the (temporary) top in disbelief/panic.
Confidence high? Price low? R/R to invest is attractive: green zone.
We’ve just left the green zone, again feels like mid ’17 to me.
Buy green, sell red. Simple shit.
Wanna know more? https://t.co/0DwUYjjG41
% of price growth decreases, but bottoms and tops will be higher. Narrowing. No cycle top before $100K? Highly possible imho
About to flip the middle band? I’d say correction first, then flip. But market is so crazy we can blast on rn😅
Finally we got pleb attention. Look at the media. After we crossed ath, it is suddenly everywhere again. I think we’ll exceed previous high a lot this year. Notice the difference:
Above: Bitcoin
Below: Buy bitcoin
They know, but not everybody is convinced to buy
To view miner capitulation, signals times when buying is sensible
When network difficulty reduces rate of climb: weak miners leave, strong miners survive: less sell pressure.
Best time to buy is where the Ribbon compresses (I’m not saying buy here😅)
It compares transaction volume to the relevant valuation.
RTV Ratio uses Realised market cap. That is a Bitcoin value model representing average cost basis of the entire market, also discounting lost coins.
RVT high/increasing: Price overvalued
RVT low/decreasing: Price undervalued
RVT sideways: sustainable valuation, relative to transaction volume.
Now: increasing at a rapid pace. I think we’ll see it being volatile both ways the coming time.
A measurement to see if btc is under/overvalued, HTF, plotted against it’s 200 D ma.
The Bitcoin market as a whole becomes larger, thus less volatile, so the peaks on this indicator are becoming less high.
Now: Overvalued region, in for a correction imho.
Vwap combines power of volume with price action. Usefull to confirm a trend or to time entry/exit points. To determine the average price market participants payed fort heir coins. It’s also a kind of a trend flow. Circled what I think is same action prev cycle.
I think this one speaks for itself if you know something about inflation
It will keep on decreasing after each halving.
The fresh supply miners will recieve for mining a block get’s cut in half every ~4 years. We’ve recently witnessed a halving last may. Reward for miners cut in half means price has to be high enough for them to keep active . So are they? Yes, Read on…
Measuremet of the computing power of the Btc network.
The higher the hash rate, the more miners active, the more secure the network. Dips have been absorved fast. Bullish
At an ATH. I think you want to be buying dips/corrections folks!🔥🔥
Question yourself. Do you want to short an asset that looks like this or do you accumulate the dips?
Oh no! It’s overbought! Bitcoin stayed overbought on the M for a whole year previous cycles.
Betting against #Bitcoin is like the Harakiri ❌
MA= Moving Average
P/L= Profit/Loss
DCA= Dollar Cost Averaging
MC= Market Cap
TP= Take Profit
#CT= Crypto Twitter
Ath= All time high
HODL= Hold On for Dear Life
R/R= Risk/Reward Ratio
Imo= in my opinion
While making this thread, I used the following websites:
https://t.co/40l2x0rRVe
https://t.co/09N99V0ubV
https://t.co/cFhDklnXJu
https://t.co/caGD8AnDsD
A lot of models show overextension in the short term, tho are still extremely bullish for the coming year
Price and model wise it looks a lot like mid 2017 to me. Tho I hope we’re not there already…
More from Crypto
Quick Thread on #Altcoins/ #Altseason
Step 1: $BTC has a huge correction. Every range starts with either a pump (or dump) and then follows with a dump (or pump). In this case, #Bitcoin pumped and is now pulling back. This is
Step 2: $BTC ranges big once it finds a bottom. This will allow it to reaccumulate for a big summer run in 2021. This is HEALTHY IMO.
Step 3: Once $BTC finds a bottom and starts to grind up again, I expect $ALTS to do very very well in both alt/usd and alt/btc pairs. ALTSZN is almost always characterized by strong alt/btc pairs moving- I've already accumulated most and have done my final buying today and more.
$BTC.D typically has a very nice time during this time of the year. I was off on December prediction bc I thought $BTC was going to pull back by then but oh well! #Altcoins will start their pumping time VERY soon now.
More information on what #Altseason is and $ALTS market
Step 1: $BTC has a huge correction. Every range starts with either a pump (or dump) and then follows with a dump (or pump). In this case, #Bitcoin pumped and is now pulling back. This is
If you want #Altseason, you should want $BTC to make a decent sized pullback. Ranges start after huge moves in both directions, IMO we need to see some cooling off before the ranging starts. Plz give 26k. #Bitcoin pic.twitter.com/yLG9xSrbKz
— Altcoin Sherpa (@AltcoinSherpa) January 3, 2021
Step 2: $BTC ranges big once it finds a bottom. This will allow it to reaccumulate for a big summer run in 2021. This is HEALTHY IMO.
Step 3: Once $BTC finds a bottom and starts to grind up again, I expect $ALTS to do very very well in both alt/usd and alt/btc pairs. ALTSZN is almost always characterized by strong alt/btc pairs moving- I've already accumulated most and have done my final buying today and more.
$BTC.D typically has a very nice time during this time of the year. I was off on December prediction bc I thought $BTC was going to pull back by then but oh well! #Altcoins will start their pumping time VERY soon now.
$BTC.D: This is the chart for inverse #Bitcoin Dominance, the macro chart you need to check out for #Altcoins and when they have their runs. Still potentially more pain to go for $ALTS but I'm thinking that they will turn around strong when $BTC is done w. its run. pic.twitter.com/Q8ewTSRywp
— Altcoin Sherpa (@AltcoinSherpa) December 27, 2020
More information on what #Altseason is and $ALTS market
Big #Altcoin thread for $ALTS: Where are we at in the cycle, how long do we have, is this #ALTSEASON, what are the relationships like, all of that. $BTC #Bitcoin $ETH $LINK #Altcoins pic.twitter.com/nwVjgZu4fw
— Altcoin Sherpa (@AltcoinSherpa) November 9, 2020
You are running out of time to get ahead in cryptocurrency.
You know what's coming:
🔺️ Regulation
🔺️ More shutdowns
🔺️ Banks deciding who gets to do business
It's time you got your own crypto wallet.
Don't know how? I'll show you.
/////THREAD\\\\\
METAMASK
What's metamask? It's a wallet. That you -- I mean YOU -- own.
You see, when you buy crypto through an exchange like CoinBase, you own it but only kind of.
If they get
🔺 Hacked
🔺 Shutdown
🔺 Servers crash
-- your money is STUCK.
We are gonna avoid that 👇
First thing,
Go to
https://t.co/JXAp9o5RzJ
You can download it on your computer. It's a browser extension.
Alternatively, go to the app store on your Android or iPhone. It's there too.
As part of the setup process, you will choose a password.
More importantly though...
SEED PHRASE
As you follow the setup process, you will be given a 12-word seed phrase.
WRITE. THIS. DOWN.
Take it down and guard it like the map to Davey Jones' Locker.
THESE ARE THE ONLY WAY TO RECOVER YOUR ACCOUNT.
DO NOT LOSE.
We good? Great.
Let's continue.
Once you're all setup, your MetaMask wallet is going to look something like the picture below.
See where it says Crypto Address? That's where your actual address will be.
It'll be a random arrangement of letters, numbers, etc.
Click on it to copy to your clipboard
NEXT STEP
You know what's coming:
🔺️ Regulation
🔺️ More shutdowns
🔺️ Banks deciding who gets to do business
It's time you got your own crypto wallet.
Don't know how? I'll show you.
/////THREAD\\\\\
METAMASK
What's metamask? It's a wallet. That you -- I mean YOU -- own.
You see, when you buy crypto through an exchange like CoinBase, you own it but only kind of.
If they get
🔺 Hacked
🔺 Shutdown
🔺 Servers crash
-- your money is STUCK.
We are gonna avoid that 👇
First thing,
Go to
https://t.co/JXAp9o5RzJ
You can download it on your computer. It's a browser extension.
Alternatively, go to the app store on your Android or iPhone. It's there too.
As part of the setup process, you will choose a password.
More importantly though...
SEED PHRASE
As you follow the setup process, you will be given a 12-word seed phrase.
WRITE. THIS. DOWN.
Take it down and guard it like the map to Davey Jones' Locker.
THESE ARE THE ONLY WAY TO RECOVER YOUR ACCOUNT.
DO NOT LOSE.
We good? Great.
Let's continue.
Once you're all setup, your MetaMask wallet is going to look something like the picture below.
See where it says Crypto Address? That's where your actual address will be.
It'll be a random arrangement of letters, numbers, etc.
Click on it to copy to your clipboard
NEXT STEP
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Trump is gonna let the Mueller investigation end all on it's own. It's obvious. All the hysteria of the past 2 weeks about his supposed impending firing of Mueller was a distraction. He was never going to fire Mueller and he's not going to
Mueller's officially end his investigation all on his own and he's gonna say he found no evidence of Trump campaign/Russian collusion during the 2016 election.
Democrats & DNC Media are going to LITERALLY have nothing coherent to say in response to that.
Mueller's team was 100% partisan.
That's why it's brilliant. NOBODY will be able to claim this team of partisan Democrats didn't go the EXTRA 20 MILES looking for ANY evidence they could find of Trump campaign/Russian collusion during the 2016 election
They looked high.
They looked low.
They looked underneath every rock, behind every tree, into every bush.
And they found...NOTHING.
Those saying Mueller will file obstruction charges against Trump: laughable.
What documents did Trump tell the Mueller team it couldn't have? What witnesses were withheld and never interviewed?
THERE WEREN'T ANY.
Mueller got full 100% cooperation as the record will show.
BREAKING: President Donald Trump has submitted his answers to questions from special counsel Robert Mueller
— Ryan Saavedra (@RealSaavedra) November 20, 2018
Mueller's officially end his investigation all on his own and he's gonna say he found no evidence of Trump campaign/Russian collusion during the 2016 election.
Democrats & DNC Media are going to LITERALLY have nothing coherent to say in response to that.
Mueller's team was 100% partisan.
That's why it's brilliant. NOBODY will be able to claim this team of partisan Democrats didn't go the EXTRA 20 MILES looking for ANY evidence they could find of Trump campaign/Russian collusion during the 2016 election
They looked high.
They looked low.
They looked underneath every rock, behind every tree, into every bush.
And they found...NOTHING.
Those saying Mueller will file obstruction charges against Trump: laughable.
What documents did Trump tell the Mueller team it couldn't have? What witnesses were withheld and never interviewed?
THERE WEREN'T ANY.
Mueller got full 100% cooperation as the record will show.
