@wealthXfreedom
@fundstrat
Yes because he actually speaks his mind. Instead of other analysts that will say one thing on camera just to manipulate prices and screw over retail off camera. Tom lee doesn’t play those games and doesn’t have the malice other analysts do.
@pakpakchicken
Stop looking at this attitude start looking at his overall thesis. His main points were 1) Tesla is overcrowded and the time for massive gains in the short term is over. This has proven to be correct 2) life changing gains in crypto next . This has proven to be correct 3)
For those worrying about the $MSTR short from Kerrisdale Capital. Don't be. Their thesis is based on purely fundamentals and although there is a dip today because of the FUD, they will ultimately fail in bringing down MSTR in any meaningful way.
I sold 70 percent of my position
@BritishHodl
in case it wasn't obvious, last four times BTC pumped, it was on a sunday night over the weekend. Last time MSTR accumulated, it was over the weekend. When the larger funds accumulate is typically over the weekend. This is why you are seeing them trying to force the price before
$BITF, I’ve handled a few of these legal cases myself. They tend to settle once ego fades and everyone walks away with enough of a piece of the pie. The fired CEO is bluffing and is instructing his lawyers to go out bull mode atm to pressure a settlement. He will at some point
@adamkhootrader
I think this is example where narrative drives price action more so than company fundamentals. In short - decent companies in China. Terrible narrative of China in its death throes and economic collapse, narrative of imminent war with Taiwan. None of this is true in my view
@Micro2Macr0
@mayijulylj
Last few breakouts have been over the weekend so it’d be pretty stupid to hold shorts over the weekend. I’m sure Wall Street realises and we’ll bounce back later today when they close their shorts
@gotrew
@pakpakchicken
@IAmDouglasKim
lol how. Despite the way he talks he’s been spot on on btc and eth and general market pullbacks and rallies. I don’t know how anyone could have lost following his advice. It’s literally already spoonfed and you’re still losing money? He is literally spoon feeding you again to
@LatestandNatest
@guideforlovers
This is spot on. There’s a lack of being attracted to you. Figure out why and fix it. Most of the time it’s lack of masculinity, weak frame, physical attractiveness, lack of feeling of safety (providing and caring/money)
before you "buy the $TSLA dip" like every other person on fintwit is telling you to. JUST WAIT. WAIT! Let me explain.
First, I love $TESLA and drive a model 3, I would love nothing more than this stock to do well, however please consider the following before rushing in:
1.
@howard5169
@pakpakchicken
Btc had tons to time to draw in tons of retail to get dumped on. Eth news came to quick and retail is not positioned in. Therefore Wall Street can’t dump on the non existent retail. And eth won’t dump as hard after the approval
$MSTR is currently 14 percent down on the day. Typically the maximum downside of a proxy is about 20-22 percent on a bad day. This would probably be a good entry point noting your downside is about 6-8 percent. If BTC pumps over the long weekend, most of these losses will be
@HeidingOut
You have a 1 out of 4 year opportunity to make the most of the btc bull run. Once btc hits 150k and above. It’s not really worth it anymore. From about 49 k to 72 k, about a 50 percent increase the miners have stayed flat. We have another 100 percent increase to the price of btc
@DrProfitCrypto
well ya, this has been one of the longest periods of consolidation in a bull run ever, closing on four months. There's nothing exciting about prolonged accumulation Makes you wonder if we are really in a bull run.
@PizzinoMichael
step back and understand none of this matters. Historically BTC has doubled within 18 days to 3 months of hitting an ATH. Zoom out and look at the bigger picture.
@sashayanshin
whether the bottom is in depends next quarter's performance and the following quarter's performance. If you miss targets three quarters in a row, I daresay no amount of FSD hype or new product launch is going to save further decline past the recent bottom.
@CuriousPejjy
@dannycheng2022
Tesla is not a stock you “invest in” it is a stock you trade when it has technological breakthroughs then get the f out at the highs. Think of it like a crypto asset with multiple cycles and you’ll do well with it. Tesla is currently heading into EV winter so you have plenty of
@adamkhootrader
Do not underestimate the Taiwanese buddies moat ! 😂 I had a look at the ceo of SMCI he seems like a very good at sucking up type especially him smiling off everything ! That’s what you need for a downstream company in his position. I’d place my bets on him being able to long
buying $CLSK tomorrow, even if $BTC hasn't fully bottomed yet, the suppressed prices thus far means that miners have a long way to go to be simply in parity with the performance of $BTC. decent risk reward even if $BTC falls further sub $60k
GME short squeeze is good for crypto and this could lead to more short covering over the few days/weeks.
It’s amusing watching the GME from the sidelines, too late to get in now, however secretly cheering it on so it flows over to crypto stocks with large short interests.
@adamkhootrader
I don’t think so. If you look at the data in the past year when the market falls after a jobs report 5 days later it has regained all of its losses and 1 months later significantly up. And this is also just a negative reaction (geopolitics and Kashkari speech) to bad news and not
@ausstockchick
they are just taking a page from the US playbook. the fear of further rate hikes is more effective to bringing inflation control than the act of hiking itself sometimes. The minutes is just to cause fear in the public. They're doing their job. This is how it should be done. They
@pakpakchicken
For those wondering why 65K was the number, it's because typically BTC trades above its 21 day EMA during the entire bull run. If it loses the 21 day EMA significantly, chances are the bull run is over
@esf97458703
@BritishHodl
Short answer is it won’t. The price appreciation will be spectacular however all assets and companies growth rates slow after rapid expansion
@Freedom_By_40
Or you could consider that wave two may last all the way until interest rates start cutting. And add on the fact that it’s no impossible we have a shortened cycle this bull run which finishes around December to April next year.
@ZenTrader882
core CPI at 0.3, so expectations are mid to high. seasonality for Jan and Feb over, there is a drop off in March. Only housing and auto insurance holding up core CPI, which lags. The longer we wait, the more the lag tapers off. A combination of these three reason. Hence much
as much as I want to, not shorting $TSLA here as I think CPI numbers on Wednesday are going to beat, and the whole market is going to rally. $TSLA may break trendline for a bit after Wednesday and will be looking to short a day or two after CPI on Thursday or Friday.
@DoctorJack16
If you understand how regulation works you’d know that 1 death or even a partial death by robot < 10000 deaths by human error. This is how you know fsd being approved for the roads is still about 4-5 years after they first claim to have solved it.
I think we hover for a bit today and tomorrow uptick slightly on Thursday and break through ath again for $BTC over the long weekend. A double top would really be bad for $btc so I doubt the traders will let $BTC reject hard again at 73 without first punching through first then
@WatcherGuru
To translate this “go go go go institutional funds go buy more while I’m trying my best to create fud and hold off retail for as long as I can with scare tactics”
@The_AI_Investor
no. retail is being shaken out. It's a big "sell the news" because Wall street is using hitting $1,000 as the news as retails cheer on the stock before it reverses on them. This the exact same move time and time again. It surprises me people don't see the same patterns play out.
@FIREDUpWealth
@Rawk_FI
This is what they want you to believe. Working with rich parents and rich kids everyday of my life this couldn’t be farther from the truth. Kids born into rich families oftentimes are taught the language of finance and business at a very early age, especially with results driven
So many influencers calling for a correction now...
They ignore the fact that 4/5 trading days spy pulled back and then shot up close to end of day suggesting institutional buy in.
They ignore the fact that we had Canada cut, ecb cut, two rounds of soft jobs number and soft
@jasonpizzino
the analysis is correct but the justification that "this time is not different" is factually not doing this cycle justice and gears people towards being more bearish, when they shouldn't atm because the train is about to leave the station. If you knew your downside was about
@raymo_g
@NickJFuentes
If you don’t want to be made feel guilty. It’s simple. Stop starting wars in other countries and justify it by saying they’re not a democracy and therefore can’t be good. Modern day colonialism at its finest coupled with gaslighting. Rolls my eyes at “whites are bullied” just
@CryptoCapo_
No just no. For the past 10 years btc had soared 10 percent post lunar new year. This is honestly the easiest play possible. How could you f this up by being short when the data is this clear
@amitisinvesting
absolute worst mistake to buy atm. When all stocks drop during a broader market correction, who do you think leads the charge. Come on, the answer is very obvious.
@StonkChris
They won’t go anywhere until monetary conditions loosen or around q3 to q4 of this year. You’ll see a similar rally in altcoins.
However the play should still be to hold spot btc or leveraged btc plays like MSTR or bitx then rotate later to the miners when rate cuts are
@MarketMaestro1
@MortensenBach
@StephStones1
I agree with
@MarketMaestro1
. The miners aren’t directly correlated to the rate cuts but are highly correlated to btc especially post halving. For miners to run. Btc needs to run. And for btc to run, cuts need to happen. Btc is a risk on assest with high beta
@SteveUrkelDude
I’m dcaing here atm this point too. This is the second flush while btc moved in opposite directions. The second flush is usually the last. Unless btc massively corrects. But there is a rule where if we are close within 3-5 percent to a psychological target. It will likely hit
Yes there’s a lot of fear. But I’m definitely buying this dip. Why? It’s earnings season. The chances of a correction happening now are slim because a few good earnings and we cancel out the downside. Traders know this and don’t lay it too heavy on the shorts because of the
Sold out of all $BTC positions and proxies.
The markets are making me nervous after this run up and this is a reversal from my optimism this morning.
Main reasons why?
1. Upside limited in the short term as we may break ath again but I see this correcting following the break
@StonkChris
Btc makes it gains in 10-12 best days in a year. The other 350 days or so it does nothing. This is why it is impossible to trade btc and long term hold is the only viable strategy. You miss one of those days and your returns plummet
@ruth_capital
@Kross_Roads
I just don’t see how PayPal is a better or safer alternative that any of the below Clsk, Mara, Smci, Amd, Shop, Meta, Amazon,Msft, Pltr, Asml, TSM, Nvidia. Both fundamental and technicals need to alight for price action. PayPal has. Arguably fundamentals… arguably
@jasonpizzino
Mate you’ve been way too conservative the entire way up. Why are still telling people to keep away because of the higher risks now… 😂😂🤦♂️
@Rex_Finance
@ARKInvest
People need to stop quoting Cathy wood she has a terrible track record. It generally makes me feel worse about a stock or company when she has a high price target on stocks. For example Tesla to 2k and it’s about 1/5 of her price target. I think the real price of her picks is
Good thing this short was closed out pre market for a small $117 loss. Should have listened to gut instincts. Too early for the short. Wait till after cpi and ppi data
@nebhol89
@dannycheng2022
What I’ve learned from Danny is that institutional inflows and outflows are one of the most reliable predictors of price action.
@cryptocantoncat
Hi
@cryptocantoncat
watched your vid. IWM up today but miners are still trending down while the entire market trends up. If you look the performance of miners from btc bottom date. With the exception of clsk they have underperformed btc. After today clsk might be below btcs
@saylor
Berkshire does not buy non productive assets in people need to stop trying to tie the two together. Completely opposite philosophies of investing.
BTC using Berkshire principles
Widening moat - check however still disruptible
Competent and trustworthy management - FAIL
@CalebFranzen
Historically it has always been a good idea to buy at ath despite every ounce of your trading instincts telling you you should take profits. This is not what the previous data shows