I don't post a lot on the bulwark of crypto but I needed to spruce up the chart a bit (too many trendlines, supts, rest's). Came up with some reaffirming notions on direction, given market sentiments, Fear & Greed, trends, etc. These are my current observations, considering the state of TOTAL3, SPX et. al., I still can't see how holders avoid selling into the Spring to settle their overly aggressive short term cap gains burdens. Dunno, if a lot of traders are like me, they just toss it up onto an exchange and go hog wild.
The actor known as Joe wants your crypto :(
Not investment advice and as always, DYOR.
~Box
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Might be the silver lining here folks . .
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I dropped this originally for my good man @metalalchemist (give that dude a ganders). Really hope people get the mail on this one . .
2/12/22 - (Talking) Head of Research at Fidelity Digital Asset : "I believe that the decentralised nature of the BTC network and its immunity to censorship set it apart from other cryptocurrencies."
- All the guys who had their crypto assets seized for various "criminal" acts : "Hey, can I get your fruit cocktail?"
- The researcher in question, Chris Kuiper believes that : "BTC is "head and shoulders" above other digital assets and should be treated as such" (going so far as to compare the creation of Bitcoin to the invention of the wheel!)
- Me : "H&S? . . you don't saaaayyyyy?"
Translation for the slower kids in the classroom . . The Titanic was a movie about what? Anyone? Anyone? . .
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I know I sound schitzo but there's a method to the madness . . bulls, you might get that reprieve as things are still lining up short term
@kashsotoodeh, Considering that the only difference between a "conspiracy" and truth these days is about three months, I guess I can say thanks for supporting my idea, friend ;)
BrianM20
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thanks for the update.
FudBox
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@BrianM20, trying to stay on top of the cycles. Bulls & Bears are pretty well matched right now but with all the overhead and with the amount of liquidity waiting down there at 20k, I don't see HOW they won't tap that liquidity. we're at least 1/2 way to the Greed my good man. Thanks for the vote . . I mean comment ;)