More fine #hopium
https://twitter.com/cryptomanran/status/1480063160539402243The majority of the leverage in the market now is large shorts. We know this because price collapsed and the leverage didn’t. If we get a rally it could trigger the mother of all short squeezes. I’m talking $10k candles.
We have had 10k daily drops
10k daily pumps would be appropriate but nothing more. ….
Now we want 20k candles
If I understand your point, I do believe that we are in the process of graduating from $10k to $20k for the green candles, but we are in that awkward period in which we are NOT quite there yet.....
I also agree that it is perhaps conditional on whether we revisit at least mid 30-ies area. In fact, this is the second best scenario (the best being a simple bull continuation) as it would suggest the lows (or a simple retest of 29-30K) by the Spring and then off we go (bullish period of the next cycle starts).
I have my doubts whether it would be fair to characterize the kind of scenario that you are outlining as a new or next cycle, even though it is NOT completely illogical.
If we were to end up getting a blow-off top at anytime in 2022 or even 1st quarter of 2023
(sure even what constitutes enough UPpity price movement to be a blow-off top could be arguable depending on the degree and extent of the subsequent correction... seems that $220k plus would more arguably constitute a blow off top rather than tops that come in below $220k), reasonable arguments could be made that such top was just a delay in the earlier cycle...
Yet overall a lot of these kinds of "how to label" the BTC price dynamics arguments seem a bit premature when projecting out for the remainder of 2022.. even though it does not hurt to already have a tentative framework and even though for sure many of us are going to attempt to label
(whether now, or at any later date along our bitcoin price journey) in order that we can attempt to better understand where we are at based on where we have been and in order to attempt to better project reasonable frameworks for where we might be going.
sure the house of cards smoke and mirror scamming platform shitcoin called ETH may well have good chances to outperform the dollar,
At this point, a 2x4 will outperform the dollar. Handily.
Fair point.
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You can clearly see from my amazing choreographed moves, I was Michael Jackson's main influence...
Opsec sirazimuth!!!!!!!
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You didn't think I was actually serious did you? lol.
Yes I did. lol.
We have to believe everything that we read on the interwebs. Don't uie no nuttin?Then again, I showed vid to my daughter with same tall tale and I almost had her believing for like two seconds. lmao!
(the ginger hairdo mop got her thinking)
Can't get those years back..
reminisce though..
yes.
Well, if being a rambunctious know it all brat, and pissing off one's parents and all one's elementary school teachers with silly shenanigans, are attributes of a child prodigy, then I'm guilty as charged...
Better give me a good batslappening Jay...
I am thinking that any Batslappening
(especially virtual) does not work very well when the intended recipient is requesting/wanting it. Some kind of alternative might be justified? Maybe somehow forcing you to hang out in a one room school house with Save the RF for a day might suffice.. but not sure how to achieve?
