chickenboye

privacy matters, and the market agrees.

Long
chickenboye Updated   
KRAKEN:XMRBTC   Monero / Bitcoin
Monero has been in a 9-month+ up-trend against Bitcoin .

People are starting to realize L2 solutions are fundamentally flawed, and using Bitcoin is like shitting in a glass bathroom.

If we can close above the 200W SMA , expect to see some serious shit.

"If Bitcoin is a hedge against the dollar, Monero is a hedge against Bitcoin ."
Comment: re-testing 200W MA. it would be insanely bullish if this held.
Comment: dipped under briefly, but bulls weren't swayed.

how could you be, with the fed discussing non-anonymous CBDC...
Comment: crabbing at the 200W MA
Comment: 141,000 bitcoin are set to hit Kraken, the only US exchange with XMR/USD and XMR/BTC pairs, in 2023.

Here's a thought experiment: how much liquidity is available on kraken, and what would the price of monero look like if even 1% of these coins flowed into XMR/BTC?

if you lost coins on Mt. Gox, 99% chance you were a tech nerd or a drug user (or both) -- no laser eyes.
Comment: People are starting to hedge their bets, and it shows. I think 0.01 is closer than we think.
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