@HansrajMeena
Congis have started crying. When they win elections, EVMs are god-like, when they lose, EVM's are manipulated.
This immaturity is precisely the reason why you lose at national level
@HansrajMeena
Starting today, I am joining
@ForbesCrypto
. I am thrilled to work with brand new team of smart and hard working people after solid 4.5 years at CoinDesk.
***ANNOUNCEMENT***
.
@ForbesCrypto
is thrilled to announce the hiring of Omkar Godbole as our new Senior Market Analyst!
Be sure to follow him at
@godbole17
for all the latest breaking news in
#Crypto
Welcome Omkar!
I have been the victim of a very serious phishing attack. I’m putting this statement out to set the record straight about what I’ve been through. I will not be addressing this issue any further on social media.
I asked a Bitcoin HODLer if he’s worried about the Bitcoin prices falling.
he replied he’s worried but sleeps like a baby.
I showed surprise😳
He clarified “Like a baby I mean, I sleep for a couple of hours, then wake up, cry for a while and then go back to sleep."
#BTC
The number of accumulation addresses is falling alongside the continued uptrend in prices.
Is it a warning of impending price pullback?
@glassnode
@n3ocortex
#ZEC
a solid bullish turn around on the weekly chart
An upside break of multi-year falling trendline followed by a double bottom breakout
Remember
#ZEChalving
is due in the final quarter of 2020.
Move over Fed, the
@IMFNews
has urged the Bank of Japan to move away from liquidity-boosting yield curve control. The policy tweak might be announced on Friday and could influence global liquidity conditions. reports
@godbole17
.
JUST IN:
@Tether_to
asks court to block
@NewYorkStateAG
from releasing documents to CoinDesk under Freedom of Information Law.
Story to come.
Filing here:
Thread
1/
Why I think:
#BTC
is at far end of risk curve
#BTC
May sell-off was result of taper fears (Elon, China was/is noise)
#BTC
decline is a warning for
#SP500
& other risk assets
Upcoming
#Fed
meeting/talk is pivotal for
#BTC
and
#SP500
#BTC
monthly chart looks crazy bearish.
5-, 10MAs crossing bearish. Previous bull & bear crosses failed. Third after two failed ones works more often than not.
Bear divergence on multiple indicators
50-month SMA supp at $20K
(not a financial advice, am repoooorter)
Personal opinion... unpopular
#BTC
is merely following NDX/SPX ratio (tech cycle), as it does most of the time.
rest all narratives of
#BTC
being hedge etc are... just narratives
#BTC
200-day MA mimics the previous bull market cycle
(1/2)
200-day MA hit a record high on Nov. 3. That is 4.5-months after halving.
The average's previous record high or top was made in June 2018, i.e. 2-year before the third halving.
continued...
Good ol volatility is back
#BTC
fell by roughly $1,300 in just 10 mins early today, after having reached 11-month high abv $12.1K
Here is the 5-min chart:
#BTC
Increased institutional participation makes
#bitcoin
more sensitive to macro events. BTC will likely see a bigger drop duuring the next macro crash, if any, than the one seen on March 12 last year.
Every coin has two sides 😁
#BTC
's weekly candle looks set to close above $21,478 (late Oct high).
If confirmed, that the next resistance is the lower high of $25,214 printed in Aug. Thats the level that needs to be broken.
This is not honest journalism but all out vicious attack to create unrest in Maharashtra
Front page stories claiming projects to give lakhs of jobs in Maha were STOLEN & given to Gujarat are hit jobs
@Dev_Fadnavis
ji must act on them like
@amitmalviya
ji will be acting on WIRE
#BTC
Bounce in holiday-thinned trade is encouraging
Am keeping a close eye on net inflows onto exchanges. The 90-day avg of net flows has turned, signaling inflows.
Avg's previous positive/negative crossovers have paved way for major bear and bull moves.
#BTC
under pressure ahead of
#Powell
speech.
Will Powell say there is scope for pause after rate hikes in June and July?
Dont think so, PMIs released early today showed plenty inflation in the pipeline!
via
@ForbesCrypto
It's another risk-off day in crypto markets, with major assets trading in the red and the ether-bitcoin exchange rate (ETH/BTC) pointing to a continued worsening of investor sentiment: by
@godbole17
Re: Geopolitics/Inflation/USD-Ball In A China Shop.
Today I divert your attention from the provincial woes of wayward Silicon Valley lenders to the REAL ticking time bomb of the global financial system -- China.
#BTC
Plenty support between $53.7K to $50.5K from 38.2% Fib R, Sept. 7 high & rising trendline
But short-term, mid-term puts continue to be pricier than calls
EMA ribbon about to flip bearish
#BTC
history repeating itself
Price closing on record high 6.5 months after third reward halving
BTC had reached new lifetime high above $1,163 in Feb 2017, that is, 7 months after second halving, which took place in July 2016.
#BTC
No sign of dip buying by wealthy investors
Supply held by entities with at 1K to 10K balance continues to fall.
Some say distribution is happening, but that ain't helping...
10K-100K, 100K-1K cohorts aren't buying the latest dip below 50K
Charts by
@glassnode
#BTC
Is $30k the new $6k (of 2018)
I remember btc consolidating near $6k in July to oct 2018 period. Everyone including
@novogratz
said $6k is new base…
But
#btc
nosedived in mid-Nov and reached $3.5k
#BTC
drop.
Relax its just a bull market pullback.
Market looked tired with less wealthy investors struggling to do the heavy lifting amid persistent whale selling since early Feb
#Crypto
#BTC
bull run is still in early stages. How do I know?
(1/3)
Non-financial newspapers yet to take note of BTC rally.
I have been prodding my friends, (engineers, CAs) who invest in stocks, to buy cryptos. No one has bought yet.
Few waiting for pullback
continued...
#BTC
#BTCUSD
weekly chart
Diagonal breakout = 2.5-year descending trendline breached
Horizontal breakout = resistance of February high of $10,480 (Bitfinex prices) scaled.
Need more evidence of bullish development?
@AskAnshul
अछ्छी नौटंको है हिन्दू का नाम ख़राब करनेकी
करते रहो।
या सब साज़िश करवानेवालो को मेरी तरफ से शुक्रिया
आप लोग वो काम कर रहे हो जो सदियों से नहीं हो पाया है - - हिन्दू एक हो रहे है। धन्यवाद्। जय हिन्द
Crypto's obsession about China's supposedly declining treasury holdings is hilarious and doesn't mean anything for
#crypto
#BTC
.
Treasury holdings is function of current account surplus/deficit and international trade is zero sum game.
Samajdaar ko ishara kafi
@arunpudur
@aryanbagade07
Bad move. Nobody knew Sai Pallavi before this. Now she will get the fame across India, which she couldn’t get through movies! And of course she will soon join the Swara Bhaskar bandwagon!
#cryptocrash
Storm was brewing...
Early May was a good time to buy volatility via long straddles and strangles, as discussed in this article dated May 4
Vol buyers must have made a killing!
@GenesisVol
We have a breakout in
#BTC
dominance rate weekly chart.
it means BTC's share in crypto Markets tis likely to rise further.
That's possible in two scenarios
1. BTC resumes the bull run, leads altcoins higher
2. Altcoins tank even harder, money flows out of alts and into BTC
Not gonna tell what chart this is. but its tied to
#BTC
.
breakout here would mean at least $100K price.
We had similar pattern in
#oil
before late July breakout.
#BTC
is up over 4%, now at $21.7K. May be its just risk-on reaction to news that SVB depositors will be made 100% whole.
Wondering if it will end up rising further into a large inverse H&S bottom pattern?
Number of
#Bitcoin
addresses with non-zero balances rose to a record high of 28,351 on Jan. 21
Previous record high was 28,190 (Jan. 11, 2018)
Data by
@glassnode
CME announced
#BTC
futures on Oct. 31 when BTC was trading near $6.4K.
Futures went live on Dec. 17. Price peaked near $20K on that day.
Will
#ETH
see similar rally in the run up to futures listings due in February?
Hawkish Fed trade is back as investors sell rate-sensitive assets.
#BTC
reverses Monday's Gain while
#yen
, the poster boy of rates trade, drops to lowest in 20 years
via
@ForbesCrypto
I have been fasting 36 hours every week (Monday 6 pm to Wednesday 6 am) since October.
Been lifting weights for several years, but since October recovery from workouts has accelerated multifold, probably due to fasting!
Please try it, you won’t regret
Now I know why Hinduism
All those who were saying that it was purely a selection on merit has been debunked by the tweet below by the railway minister.
BJP has sown the seeds of caste politics in Odisha. The state which kept itself safe from it so far.
This is not Hindutva but it is Subaltern Hindutva a
#BTC
Today's candle, with its long tail, looks similar to the one seen on May 17, 2019.
On that day, BTC suffered a similar drop only to resume the uptrend over the following week.
In this special unlocked report of our premium research product, our Senior Market Analyst
@godbole17
breaks down why
#bitcoin
may be reaching the point of seller exhaustion. Click below to read find out how to subscribe:
#Fed
minutes: Number of officials said it would be appropriate to consider sale of mortgage-backed securities.
Thats somewhat hawkish, as discussed at
@ForbesCrypto
early today
#Fed
rate hikes is old news. Focus will be on details of balance sheet runoff.
Growing support for outright MBS sales may inject volatility into markets
via
@ForbesCrypto
Keep an eye on US-German two-yr yield spread
breakout from falling wedge-like pattern would be a sell signal for $EURUSD, also means
#DXY
bounce and downside pressure for
#cryptocurrencies
Australia nailed it
Indian media is full of vultures, recording videos near crematoriums, getting views/TRP by showing burning pyres, mourning families. Totally useless lot, hell bent on spreading panic.
#BTC
whale accumulation
Supply held by entities with 1K-10K balance has gone up by over 60K this month, while price has declined by 11%
Chart by
@glassnode
#BTC
closing on former support turned resistance at $28,754 (June 2021 low)
That level was breached in June last year and never came into play to date
Is this a bearish retest?
#BTC
- Why 2021, the post-halving year hasn't turned out to be as bullish as 2017 and 2013
1/6
Reason - in markets, when something [reward halving in this case] becomes a common knowledge, it stops working...I remember telling this to a colleague in Oct 2019