Faz's Crypto Thread

yes

too much good news on bitcoin lately. probably the top....

LOL crypto face is a legend. Didn't want to stop his trade live, so he watched a copy righted material so his stream gets suspended.

in before some tragic news about crypto will pop up and it will dump

every day is a day nearer to etf approval

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just tell me when to put money in

probably in the process of being priced in

2 months ago

anytime in the last 10 years

DXY about to break out lol

this only matters long term

or fucking reject down on double top and BTC will go to 100k

you do not understand short term market irrationality or how long that irrationality can remain

the whole kool aid of TA is that its supposedly pattern recognition of consistent patterns that form due to consistently irrational psychology in certain high volume situations

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dxy may continue up linearly for years and btc can remain stable for a long time until suddenly it doesnt. it can take months or years for a correction

if the market decides to use bitcoin as a hedge against inflation dxy is completely irrelevant. this seems to be happening. many hedge fund managers are suggesting bitcoin to their clients as a hedge

you cant look at one chart and say it has inverse correlation when the dataset for bitcoin is only 13 years long

especially when market dynamics have changed drastically over the years

you might be right you might be wrong