CryptoSeth

I just saw Hamnet.
One of the best films I’ve seen in years.
Highly recommended.

Just like the storm swept the billions of longs.
So shall the tides turn against the shorts.
~$24B in #Bitcoin shorts above.
Be patient.

Hey @Grok when do you think Bitcoin dominance will fall? What does it mean for BTC and Crypto? Isn't it also bullish for BTC when the risk on phase begins?
Once $BTC.D makes the bearish cross, it falls soon after.

Brazil Proposes National Bitcoin Reserve, Targets 1 Million BTC Over Five Years.
This is Huge, if it gets through. Nation adoption.
It will be hard to accumulate such amount from now on.

Crypto total market cap is showing signs that it bottomed at $2 trillion.
Good reaction with long wicks. Yesterday we saw a good inflow into #Altcoins as predicted to the subscribers.
Weekly RSI became oversold for the first time since 2022. Only once every 4 year will the RSI ever go under 30 on the total market cap and it just happened.
Chances are we have bottomed, but understand that fundamentals matter more. If something significant break again like the 10/10 or LUNA, FTX then we might see a new low.
Not financial advice DYOR

$BTC / Gold has never been this oversold on the 1W before. Interesting.
Waiting for wife to get ready. It has been 200 years. Happy days.

Interesting. $BTC has reclaimed the 4h cloud and retesting it now. 🧐 Will it hold?
Do you want an update when 4h buy signal flashes?

Hey @Grok Bitcoin dominance lost the 200 day moving average and retested it multiple times. The moving average is now curving down.
What does this mean for BTC and #Altcoins in general?
No this is not financial advice, just give me the most probable outcome. What are the narratives that can drive your scenario?

The Coinbase Premium Index is going vertical.
That usually signals one thing: aggressive U.S. spot #Bitcoin demand.
Who is buying?

$70–120 billion has been liquidated in crypto since 10/10.
There are now more than $20 billion in short liquidations up to 99K #Bitcoin 👀
Are they smart enough to close and take profit? 🤔

It is horrible if $AAPL close the weekly candle like this.
Bearish engulfing 1W candle. This would be bad news for the Nasdaq next week.
Candle close in 30m. 👀