Dorkchicken
@DorkChicken
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I'm just a chicken 🐔 If you take my advice and it backfires atleast you can get revenge by going to KFC 🍗
Not financial advice
Joined February 2018
Data like this + HTF chart structure and add a bit of time will tell the full story.
Capitulation is intensifying 🫠 And that’s something we like to see. Realized losses (7-day MA) on BTC have surged to $750 million per day, one of the highest levels of this cycle, comparable to what we saw during the summer 2024 correction. The shortest-term investors are
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Can we go up now that he lost everything longing and turned mega bear in the end?
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The best thing with CT when everything looks like shit.... The jokes and memes. The tourists are gone and those are left are hurting but we are joking😂
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Don't fade this man....chart below $ETH
Potential 'W' bottoms in Bollinger Band terms in $ETHUSD and $SOLUSD, but not in $BTCUSD. Gonna be time to pay attention soon I think.
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Instead of arguing if BTC topped or not, just let time tell. For the toppers, there should be only down, and 126K was the absolute top. Every bounce is a dead cat and should be shorted. If crypto has topped and it's over, then this time is really different. ETH just made a
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10/10 flush really fucked up the charts. Here we have BTCUSD on Binance But this is BTCUSDT on same exchange This is BTCUSD on Bitstamp, hardly any wick on 10/10
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$BTC PA still look shit on STF, but atleast some bullish div are forming. Need a reclaim of 112.5-113K (mid BB and bullmarket support band weekly).
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The sentiment of the market today While BTC on weekly still looks like this
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I guess $BTC will repeat the same pattern. We'll probably chop chop below 20 SMA for a while.
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The most recent daily candle that looked like what we had on Friday happened on the 5th August 2024. About -7% candle close but with a huge wick down. Clean V reversals are very rare, after a big event it will take some time for the dust to settle, tons of volatility up and
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STH PA looks like dogshit with catshit on top plus rat droppings as decoration. Buy hey....
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When these ppl dump their gold for a loss and fomos shitcoins you know what to do😉
Gold FOMO is back in Australia, lines forming, prices at new all-time highs. Every cycle ends the same way: retail piles into yesterday’s winner.
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Remember when $ETH was at 1.4k few month ago and everyone hated on it....I get the same vibes now except it's for all of crypto....ppl chasing gold n stonks now😂
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$BTC CME gap from last month now truly completely filled. Small gap above also😉
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Pure speculation and theorycrafting post. The first 2 tops occurred around 325-371 days after halving, avg 348 days. Then the 2 following runs topped around 525-527 days after halving, avg 526 days. Those 2 are the well known 4-year cycle. What if this cycle and the next are a
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$ETHBTC Still struggling on mid-range, but monthly looks ok, closing below greenbox would not be ideal tho. Current candle looks bullish so far.
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We were ahead in price by comparison at the start of the month but have now fallen to be pretty much in line with previous years. Can $BTC look bullish on daily again? Yes....by closing above ~117K 2 weeks left of October, and a lot can still happen, don't give in yet.
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The most recent daily candle that looked like what we had on Friday happened on the 5th August 2024. About -7% candle close but with a huge wick down. Clean V reversals are very rare, after a big event it will take some time for the dust to settle, tons of volatility up and
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