charlitostrades

BTC 2021 bull run post mortem BTCUSD vs TOTALMKT CAP

BITSTAMP:BTCUSD   Bitcoin
Here is my run down from the 2020/21 crypto bull market cycle, this cycle followed the classic bitcoin post-halving bull run .

Part 1: Bull run-
- classic BTC/crypto rally (huge% gains, mass euphoria, lots of new investors, parabolic curve)

- however, the top was unlike previous cycles with a distribution range compared with the highly anticipated and previously clear blow off tops

- Increased institutional involvement in the market compared with '13/'17 bull runs.

- Increased retail involvement in the market - (diamond hands mentality amongst masses= stubborn market liquidity)

- no need for blow off top in 2021 run due to relatively stubborn market liquidity + more efficient and controlled order flow/price action
due to institutional presence in market


EFFICIENT + OPTIMAL ORANGE JUICING INVOLVES APPLYING CONSISTENT FORCE, NOT INSTANT FORCE-(hitting it with a hammer)

EFFICIENT + OPTIMAL MARKET LIQUIDITY EXTRACTION INVOLVES CONSISTENT FORCE, NOT INSTANT FORCE-(crashing prices down rapidly)

SMART MONEY MAKES(TAKES) MONEY IN AN ORGANISED, CONTROLLED AND EFFICIENT MANNER



Part 2: Re Accumulation-ALT season


SMART MONEY LOCATES ORANGES WAITING TO BE JUICED

- after the major may '21 sell off, the market moved low and sideways for 2 months whilst the NFT hype was boiling up

- NFT hype goes crazy, and the market runs it up again

- Entire crypto market grows and reaches beyond BTC/ETH APRIL ATHs in a unprecedented (diverging double top-style) manner


What next??

- The bull run for this cycle is over

- As we saw in the bull run, the bear market of this cycle is likely to display new chart and trend characteristics due to the mass influx of both new
institutional and retail investors and the widespread adoption of NFTS and cryptocurrencies.

- I held positions in various crypto throughout various stages of this cycle and have taken all positions off of the table as of mid november. I firmly believe in the future market growth of BTC and crypto as an investment vehicle but wether you are retail or institutional:

THE GOAL IS TO SQUEEZE YOUR ORANGES IN THE MOST EFFICIENT WAY POSSIBLE

Peace people, enjoy your profits 🚀🌚
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