A little story (with a moral) for a Friday morning. A thread.

I have noticed a shift in the behavior of $ltcbtc that began 4 days ago. LTC/BTC has been moving in lock step with $btcusd rather than in a typical altcoin inverse fashion. Let's see if they continue to dump/pump together or a large movement in $BTC will cause a reversion.

Bounces during this $BTC selloff have been quite weak. I believe we will see 9k very soon.

Just look at all of that potential $BTC liquidity waiting to be taken.

Bitcoin is at a critical test here. We have a confluence of multiple local Fib levels and are testing an important local trendline since the June peak. I would like to see a break and close of 12k here in order to resume upward momentum.

Lots of $BTC shenanigans as of late. We are now sitting just below the 2019 high downward trendline. I'm expecting a fight near today's close right around $12k which is also just below the 0.618 Fib. Another measured move down from recent swing highs (yellow boxes) is at 11,972.

What if the recent $BTC Double Bart is just what was needed to provide enough fear-based sell volume here to allow "them" to buy the dips in preparation to raid double liquidity pools resting above, run the bear stops, and propel us past this trendline and low $12k resistance?

That purple trendline I just posted a while ago!

Possible Bump and Run Reversal Bottom pattern emerging with $BTC right now.

this is your friend at work after he buys his first Bitcoin: 😂📈 (via Dave Portnoy)

• Read everyday. • Spend time with nature. • Ask questions. • Never stop learning. • Don't pay attention to what others think of you. • Do what interests you the most. • Study hard. • Teach others what you know. • It's Okay to make mistakes. • Make mistakes and learn!

Crypto has always been, crucially, the triumph of individuals over institutions, grassroots over pedigree, open source over walled garden, peer to peer over dealer to client, participation over exclusion, freedom over tyranny. Accept this paradigm into your life.

#Bitcoin moves pretty fast. If you don't stop and look around once in a while, you could miss it.

Tethys just became official partner of Metis🥳🥳 Tethys will keep building exclusively for the $METIS ecosystem and expand its functionality with user experience in the first place. There is a lot of exciting stuff ahead as a result of this partnership!👀

Accurate.

I've noticed a significant change in the correlation between $BTC and $SPX since early this morning. It's still very early but let's hope that even if BTC isn't a leading bottom indicator for legacy markets, it's at least starting to decouple from TradFi to resume its ascent!