El Presidente (@cryptoelpres) 's Twitter Profile
El Presidente

@cryptoelpres

Intelligence enthusiast.

Everything I share is my opinion only and should not be construed or taken as financial advice.

ID: 1545482750488100866

calendar_today08-07-2022 18:59:41

22,22K Tweet

20,20K Followers

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For the first half of this cycle, I was a huge advocate for the left-translated top idea (which I believe will come next cycle, but that's a separate conversation.) I have no shame in admitting: my expectations were totally wrong. 🥲 Many people back then argued "the top will

For the first half of this cycle, I was a huge advocate for the left-translated top idea (which I believe will come next cycle, but that's a separate conversation.)

I have no shame in admitting: my expectations were totally wrong. 🥲

Many people back then argued "the top will
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USDT.D in a tough spot. Bottom of this local channel and arguably back testing the trendline breakout. If it can break down out of the bottom of this channel, that would be a major +1 for bullish continuation IMO. Obviously if we bounce here, then that opens the conversation

USDT.D in a tough spot. Bottom of this local channel and arguably back testing the trendline breakout. 

If it can break down out of the bottom of this channel, that would be a major +1 for bullish continuation IMO.

Obviously if we bounce here, then that opens the conversation
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In 2017 $BTC topped 1068 days from the pico-bottom. In 2021 $BTC topped 1061 days from the pico-bottom. We are currently 1047 days from the pico-bottom. 👀

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Herd consensus in '22, '23 and '24: "This time is NOT different, Q4 2025 top." Herd consensus in Q4 2025: "This time IS different."

Herd consensus in '22, '23 and '24:
"This time is NOT different, Q4 2025 top."

Herd consensus in Q4 2025:
"This time IS different."
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After a personal conversation with El Presidente a couple days ago, I decided to share my story for those interested in reading it in the hopes that it can help someone Not that long ago I was a lost heroin addict with no hope This is for anyone struggling with addiction,

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Now think back 5 days, to all of the obnoxious useless perma-bull Patreon group leaders frothing at the mouth bullish at the most obvious resistance on the chart. CT collective confidence peaks with risk. Never changes.

Now think back 5 days, to all of the obnoxious useless perma-bull Patreon group leaders frothing at the mouth bullish at the most obvious resistance on the chart. 

CT collective confidence peaks with risk. 

Never changes.
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Think about how overly confident so many people were last week, and now look at what's happened. Euphoria is a lie. Collective confidence is what the market punishes. The moment you think you can't lose, you're about to.

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Where do we go from here? Post Crash Thoughts 📽️ - Is a wick fill too obvious? 🕯️ - Another look at the 218 day USDT.D cycle 💵 - $BTC Cycle failure? Fake-out? Higher low? 🪙 Let me know what your out look is below. 🗣️ Watch, like, share, enjoy! 👇👇