Bitcoin 4 Yr Cycle update.
On month 38 of 48(avg). Closing 3rd month below the 10ma. About to close 4 red months in a row, not seen since 2018. Looking like the recent move to $98k was the counter-trend move. Clear divergence from all other assets.
I hate being bearish
$110k is coming
You weren't lied to, you were simply promised it too soon
Regardless of whether we bottomed at $81k, or we run stops down to $78k - the relative bottom is IN
Whatever price action you experience here is a distraction to get you to sell before $110k
DO NOT GET
Update: Binance exchange order book metrics show $1b of Bitcoin was sold on an illiquid Saturday to manifest the Wyckoff.
However their wallet balance still reflects 631k $BTC proving it is synthetic trading, spoofing and manipulation using user funds, not actual Bitcoin on
Binance successfully cleared their entire futures order book liquidating all Longs. This is how the casino operates until Market Structure is passed by US congress and hygiene is restored to the asset class.
Dollar price of crypto has nothing to do with users buying and selling - the exchanges are wash trading their own centralized opaque order books using customer liquidity to liquidate leverage positions up and down. Do you understand yet?
Once the exchanges initiate the chart
It’s beginning - hygiene is coming to crypto markets.
South Korea's Financial Supervisory Service (FSS) is upgrading its Virtual Assets Intelligence System for Trading Analysis (VISTA) platform with enhanced AI capabilities to better detect and investigate unfair trading
You're going back to jail CZ 🔶 BNB and your entire net worth will be seized and returned to the people you stole it from
Even Cathie Wood is blaming Binance for the 10/10
Nothing funnier than people putting their money on an exchange that knowingly laundered money for terrorists, paid billions in fines run by a guy who built wash trading bots before founding Binance… realizing only now that he may not be a good guy.
“ what happened to him ? “
his crypto bag down -40% this year, he sold all for fomo buying Silver at $120, and now it’s $70
“ omg, it’s crazy “
not done yet, then he panic sold Silver at $70 and bought back Crypto, Crypto went down another -35%
Simple rules I follow:
1. Bitcoin only
2. Live chart-free
3. Stack, do not trade
4. Pay your bills
5. Buy what you can afford
6. Run a node
7. Every hash counts, get some
8. Cold storage
9. Do not follow anyone
10. No need to “orange pill”
Bonus
11. Be your own bank
You are a multi billionaire who extracted billions from the actual poor people who you mock right now
And you ask yourself why the market hates you? Or how you call it FUDs you