Beniii

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Age 1.1 Yıl
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Bros have kept redrawing bullish $BTC levels since $110k all the way down. It's pathetic to watch. "This level and it's over". And then draws a new one
Fries in the bag bro. Thank you
BTC-0,29%
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Smallest yearly $BTC candle in history -- vol compression. I expect vol to expand aggressively over the next year.
Absent a giziga pump in December this is a classic topping distribution candle.
BTC-0,29%
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I had been in crypto since 2017 before quitting earlier this year. I liked the idea of $BTC and #crypto in general, but it's been a complete failed experiment that's been getting worse.
$BTC and #altcoins captured the speculative capital as it's now clear with speculative stocks mooning while alts went to $0. Crypto no longer even pretends to build anything useful it's just casino infra and casino chips(and it even failed at that this cycle).
$BTC itself no longer even has use cases. It was always horrible at payments since it doesn't have reversability(essential across the financial industry
BTC-0,29%
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OpenAI seeking govt funding is v bearish. That means the private sector is done funding the crazy Capex to sustain this ridiculous bubble
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I used to become a bear in $BTC, mostly price wise but the recent developments are fundamentally very bearish long term. People who used to yell * not your keys not your BTC * are selling to put it into an ETF.
That ETF makes $BTC useless:
- Censorable.
- Rehypothecation makes it so that the fixed supply doesn't matter. There can be more $BTC IOUs than $BTC.
- Centralized attack vectors could nuke the entire network in one go.
- Lost its soul -- went from "the bankers can't print anymore" to Uhh maybe price go up if we let wall st financialize it and use it as collateral.
If the price doesn'
BTC-0,29%
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The big booty latina portfolio is about to break out on the higher TFs. Don't see a single comment about it in the timeline. $ECH $COLO $EWZ
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Pockets of froth all nuking: Crypto, quantum, metals, uranium, etc. Is this a warning it's begun?
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I have been out of #crypto# for quite a few months now. Most of my investments are up a bunch but tbh it's been impossible to lose when all assets are up only.
You have to know when to leave the casino as competition gets more fierce after only the most sophisticated players having survived.
This bubble is insane with froth in so many sectors. Never forget stairs up, elevator down. If you have huge gains from the bubble still I'd lock in some of them.
Bubbles yield the most on the last leg but tbh most things ARE ALREADY pricing a melt up. If you look at AI, quantum, etc IVs are at 120-170%+
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It's part of the cycle of being a fund manager. You sometimes forget things almost never make sense because we live in a meme market so if you try to get sense of them you get in trouble.
Then you remember and join the "narrative".
A1,95%
LIVE2,03%
MEME5,84%
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Jesus at some point I got psyop'ed into thinking some of the policies would bring austerity like DOGE. Complete farce. They are gonna print us into oblivion in this big beautiful bill. Shoulda trusted my initial instincts that Trump's gonna be inflationary.
This will likely lead us to stagflation as well...
DOGE1,05%
TRUMP-0,12%
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Damn this Brazilian ETF( $EWZ) goes hard af. Ascending triangle in the monthly, PE of 9 and 6% dividend.
Very oil heavy so when the price of oil recovers this is gonna print too.
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I find it likely we take out all the leverage from $90ks before we break ATH.
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I might be a bit early but $UNH is a good long term buy here imo. Bought 2/3s size. Adding more at $200 if we reach it
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Liquidity getting interesting, M2 at 2022 levels however rates are now much higher than in 2022 so one would assume part of this M2 is now dedicated to servicing higher debts for floating rate debts. Not sure we have the liquidity to push $SPY, $NQ higher.
NOT3,97%
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Combined with headwinds and the $30Y still hanging out at multi decade highs. Feels like one of those pops that create wealth just to wipe it out in one leg down. Whether the leg is now or down the road I don't know; They have kicked the can down the road for a while now.
MULTI-11,43%
JST8,24%
DON-0,69%
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Great valuations you brilliant $SPY bulls are aping into
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You are not bearish enough. Funding just hit one of the highest levels in a while after one of the largest liquidations
NOT3,97%
JST8,24%
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