$btc update: Scenario time. Unfortunately my horizontal wxy W4 didn’t work out, but the W4 count is not invalidated yet it’s just shifted in time. 2 possible corrections in pic 1 Pic 2 is my doom scenario if price dips below 14k. Until then my primary is still pic 1. 🐸 #btc

#Bitcoin is below its 200W moving average for the fourth time in history.

Inflation is only 8.6%? 🤔

The most confluential long-term chart I've found in all of crypto. BTC Measured in USD divided by the sum of US M3 Supply and EU (dollarized) M3 Money Supply. In other words, adjusting the BTC price action by the expansion of the widest money supply aggregates. Think about it.

We are in the bottoming zone according to this ratio that has caught all of the past swing bottoms since 2018. Never has the ratio between the amount of USDT in the system and BTC market cap been this high. Fear is high. Greed is low.

Price reached a very strong resistance point. Break above 26k -> 40k next Break below 22k -> 10k next #BITCOIN

The orange support area under $19k BTC has held for 4.5 months and it has held during a time when the direction of US inflation was more questionable. The inflation picture will be clearer over the next few months. But unless something unexpected happens, IMO BTC bottom is in.

Sergey speaking about the @DTCC and the value that could enter the industry if done securely and reliably (Hint: using Chainlink) "Quadrillion, quadrillion, that's right" Chainlink is the way. $LINK