Crypto is difficult because even in a bull market there's really only 2 maybe 3 months where being active and trading is profitable. The other 9 months is usually where people give back profits or overtrade.
🚨 JUST IN: Charles Hoskinson warns Ethereum faces a “sleeping giant”:
“When Bitcoin wakes up with Bitcoin DeFi, its TVL will be hundreds of billions—larger than Ethereum’s market cap. It’ll have more liquidity, and sovereigns and BlackRock will be there.”
Full episode drops tomorrow at 10 AM.
Solv teams up with Chainlink to combine the SolvBTC exchange rate calculations with real-time proof of reserves, offering a robust on-chain redemption rate. by @godbole17.
trib.al/sEt0Clu
🚨 UPDATE: The Bitcoin OG sold 3,968 $BTC ($437M) to buy 96,531 $ETH ($443M) spot, bringing a total of 641,508 $ETH ($2.94B) accumulated over the past week.
$BTC - Not as perfect of squiggles as last time but the idea has been spot on. We got the trendline break, and now the small support break fakeout. Now looking to see it chop for a while holding that support.
Bitcoin OBV just saying to be a little more cautious. Struggling to hold that support after a momentum shift after July 25th. The thing about momentum though is it can flip back on like a switch so no need to panic.
Bitcoin OBV has me a little uneasy. Watching if and how this holds. Not calling for a crash or top, just pointing out objectively the strength is giving "channel" vibes not face melting vibes. Making a new ATH when OBV stayed flat was not ideal.
There are people working normal 9 to 5 jobs that have setup automatic payments weekly to buy $BTC and $ETH over the years just absolutely chilling in profits checking price maybe once a week. Sometimes being absent is a better edge than locking in 10 hours a day.
$SOL - It already ran from $10 to $294. I don't know why people think I'm bashing it. You could have rode that up an then hopped back to $ETH this year. Most won't admit it but they could have just held that and never touched memes and done better.
$SOL - The sub $10 buyers doing well so far. Amazing to see people so greedy waiting for $3 to $5 not taking a stab when it was $8 to $10. You aren't going to time these bottoms perfectly.
$ETH - Blue line holding nicely. Makes it look more likely that was indeed just a fakeout. Not out of the woods yet but all signs point to higher. Especially if I've taken some profits.
$BTC - Not even sure bears and sellers have the power to get us to $112,000 but that's where bullish support would be. Squiggles gave you plenty of time to prepare for this mentally.
$ETH - Usually we have a 3 day pump and we've got a 6 day pump. Don't let a few red candles during the weekend change your bias. A week or even two weeks of chop would be great for price action. Build a base so we can go higher.
Historically there's never really a bad time to buy Bitcoin if you hold long term.
And if you want to buy more historically there are always nice dips that give great entries.
Just because things suddenly are euphoric doesn't mean suddenly it's bearish again.
OBV chart.
Two-thirds of Russia’s economy is either stagnant or on the verge of collapse. Manufacturing alone accounts for 52% now in full stagnation. Add to that coal, oil refining, construction, logistics, and the auto industry — collectively responsible for another 17% of federal revenue
🇧🇹 LATEST: Bhutan has quietly mined 12,000 $BTC worth $1.3B since 2020, now holding nearly 40% of its GDP in Bitcoin, making it the world’s 3rd-largest state holder.
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