BC ALL
Saved by @vsamk

Long-term thoughts about the #crypto market

Get ready to get into a VERY long thread, full of charts.

Popcorns ready? Let's start!

1/n

 In this thread I will try to put together most of the reasons that make me think that we are not yet close to a top in the market, but rather that there is still the best part...

2/n
First of all, let's talk about #Bitcoin. Bitcoin is still the king, although it is losing dominance lately due to the altseason.

In my opinion, it still has a lot of room to rise in terms of price (not so much in terms of time)

3/n
1) Bitcoin Investor Tool

As you can see, this indicator marks the cycle tops very well. However, these do not happen when it crosses the red average, but after a parabolic movement above it. At the moment it is not even above this MA.

4/n
2) 200W MA Heatmap

No red dots yet visible. I'd say we're halfway. An analysis cannot be based on a single indicator, but it all adds up.

5/n
3) Puell Multiple

Another very good indicator to know where we are in the cycle. All cycle tops have occurred in the red zone, but as with the first indicator, they happen rather when it leaves the red zone.

6/n
4) Stock-to-Flow Model

Many of you will know this model, and it is really good. Assuming a constant or increasing demand in the long term, and an increasingly reduced supply, the price tends to rise.

7/n
By fractals, there is still the most parabolic part of the move, which could reach up to $900k-$1M in a few months.

Sounds good, right?

8/n
5) Bitcoin Logarithmic Growth Curves

Another indicator that has a margin of going up, like the previous ones. Currently the top of the logarithmic curve is above 100k, so nothing indicates that the top will be now.

9/n
6) MVRV Z-Score

I really like this one. Similar to the Puell Multiple, cycle tops usually happens when it crosses the red zone. Not there yet!

10/n
7) RHODL Ratio

This is an awesome indicator. It marks both bottoms and tops perfectly. As you can see, it can also go higher.

11/n
8) All Exchanges Reserve (Bitcoin)

When Bitcoin reserves in exchanges wallets drop, the price tends to increase. This can mean that strong hands are accumulating, which is confirmed in the following tweet (outflows)

12/n
9) Coinbase Pro Outflows

Whenever there have been big outflows on this exchange, the price has had big pumps in the following days.

These outflows are usually followed by news such as MicroStrategy, Grayscale or Tesla buying $BTC (OTC deals) The amounts match.

13/n
10) Bitcoin Velocity

Each top is usually marked by a divergence of this indicator with the price. There is no divergence yet.

14/n
11) Bitcoin Open Interest

It shows that we are in a very strong trend. Open interest going up and price going up, and during the shakeouts OI goes down. This is a very healthy trend, and I don't see any signs of weakness yet.

15/n
12) Funding + Premium

I read many people saying that funding is high, not only in Bitcoin, but also in altcoins. This is relative.

16/n
If we compare the current funding levels with those of the top of 2017, we see that they are low levels, taking into account that the price is three times higher. Also, the current trend is led by spot trading, and not by derivatives.

17/n
13) Printers going brrrrrrrrr

First Covid Stimulus had a big impact on the market. In fact, it marked the beginning of this bull cycle. After that, two new Stimulus have taken place.

18/n
We are also seeing a big increase in the supply of Tether (and other stablecoins), which is a clear bullish sign (more demand)

19/n
Now some $BTC technical analysis.

Bitcoin has broken out of an accumulation range of over 1000 days. This usually results in long extensions.
Currently, the increase over the previous ATH is only 200%.

20/n
$BTC Monthly RSI

https://t.co/odD5h45wsL

21/n
Ok, Bitcoin looks pretty bullish but... what about #altcoins? Here comes the interesting thing.

Let's summarize why I think many altcoins will continue to outperform BTC.

22/n
Altseason Schematic

A few months ago I made this schematic, which shows very well how an altseason is developed. This is dynamic and it may not quite fit reality, but it gives us a clear vision.

We are currently in phase 2 of the second altseason.

23/n
How long will this second phase last? If we analyze the dominance of Bitcoin, we can see that the key level is 48-50%

At this level the second phase could end, and there would be a bounce of the dominance. Consolidation below = third phase

24/n
In my opinion there will be a third phase, or at least a longer second phase. Why?

👇
$ETH / $BTC looks VERY good. Every time I see this chart I get goosebumps.

0.10 is inevitable, and a new ATH is very likely. With a new ATH, we could see ETH above BTC in the ranking for a few days.

26/n
$ETH/BTC vs. $LINK/BTC

These two trends are very similar and I would not be surprised if Ethereum repeats the cycle of LINK against Bitcoin.

27/n
Altcoins Market Cap

The most bullish chart you'll probably see these days.

After that accumulation range, extension could be huge.

28/n
Altcoins dominance (OTHERS.D)

It's confirming the break of the range high, which is very good for altcoins.

https://t.co/5RJ8fb8M36

29/n
DEFI PERP (DeFi Index)

This chart keeps looking very bullish to me.

https://t.co/dMXGGAB54o

30/n
Many individual charts look awesome against USD and also against BTC. I will post examples of coins that I'm currently holding, explaining why do they look bullish (only TA)

31/n
$NOIA / USD

As some of you know, this is one of my favourite projects.

Chart against USD is a perfect bullish trend. Not even a single sign of weakness. How long can this trend last? Only time will tell, but it will probably be epic.

$10-20 by EOY wouldn't be crazy

32/n
$NOIA / BTC

Massive accumulation range with potential parabolic extension.

33/n
$RSR / USD

Another very bullish altcoin. Solid trend as the previous one, with strong fundamentals.

Targeting $1+ this year

34/n
$RSR / BTC

Accumulation range + rounded formation, which could it very high.

35/n
$DOT / BTC

A S/R flip for the books. #Polkadot will keep performing very good imo, and it will be one of the majors with better perfomance in the coming months.

36/n
$XOR / ETH

This one will caught many people by surprise. Bullish on the entire #Sora Ecosystem ( $PSWAP, $VAL)

37/n
$PHA / BTC

Ascending triangle in one of the best projects being built in the Polkadot ecosystem.

38/n
$TRB / BTC

Bearish trend broken, re-entering the value zone with strength. A new uptrend is forming.

39/n
$EPAN / ETH

Perfect rounded formation with bullish confirmation.

40/n
$SAND / BTC

Hidden bullsih divergence formed on higher timeframes. One of my favourite NFT projects.

41/n
$LIT /BTC

Waiting for a reclaim of the range high. Project is very good so it should do it soon.

42/n
$ADA / BTC

Another major looking great against BTC.

43/n
These have been only some examples of good looking charts. There are a lot. Majors also look good against Bitcoin.

Bitcoin bullish and alts/btc bullish = altseason

Right?

44/n
Sources:

-@tradingview

-@cryptoquant_com

https://t.co/5TRVGWKg4v

Disclaimer: nothing posted here is a financial advice. Always do your own research before investing.

45/n
Final conclusions:

With all this, and some things that although I want to explain, they cannot be explained because they are intrinsic in the mind of an analyst, I can say that the best is yet to come.

46/n
My strategy will continue similar to that of recent months: HODL and DCA in strong projects

When there are REAL bearish signs, I will start DCAing out.

47/n
We are in the best place at the right time. What cryptocurrency defends goes beyond wanting a better financial situation. Holding cryptocurrencies is a first step to defend what is ours, to defend our rights and freedoms, which are under attack nowadays.

48/n
It means not depending on third parties. It means giving power back to the people. It means freedom.

I'm not bullish for a reason. I'm bullish for many reasons.

END

More from All

Aditya Todmal
Aditya Todmal
@AdityaTodmal
Master Thread of all my threads!

Hello!! 👋

• I have curated some of the best tweets from the best traders we know of.

• Making one master thread and will keep posting all my threads under this.

• Go through this for super learning/value totally free of cost! 😃

1. 7 FREE OPTION TRADING COURSES FOR


2. THE ABSOLUTE BEST 15 SCANNERS EXPERTS ARE USING

Got these scanners from the following accounts:

1. @Pathik_Trader
2. @sanjufunda
3. @sanstocktrader
4. @SouravSenguptaI
5. @Rishikesh_ADX


3. 12 TRADING SETUPS which experts are using.

These setups I found from the following 4 accounts:

1. @Pathik_Trader
2. @sourabhsiso19
3. @ITRADE191
4.


4. Curated tweets on HOW TO SELL STRADDLES.

Everything covered in this thread.
1. Management
2. How to initiate
3. When to exit straddles
4. Examples
5. Videos on
OPTION SELLING , OPTIONSTRATEGIES , CATEGORY
Vibhu Vashisth
Vibhu Vashisth
@VIBHU_Tweet
IT WAS RISHI KANADA WHO GAVE THE ATOMIC THEORY & TALKED ABOUT THE GRAVITY OF EARTH, 2600 YEARS BEFORE AN APPLE FELL IN FRONT OF NEWTON'S EYES:

Scientists of the modern world credit an English scientist John Dalton (1766 CE -1844 CE) for the Atomic Theory.


And this is because, most of us are not even aware of an ancient Indian Sage named Kanada, who was the first to formulate the theory of atoms, almost 2600 yrs before Dalton and talk about earth's gravity.


Rishi Kanada was born around 600 BCE in Dwarka, Gujarat and he was the son of a philosopher named Ulka. He was fascinated with the minute detailing of the things right from his childhood. Once, when he was very young, he accompanied his father on a journey to Prayaga.


He saw plentiful grains scattered along the path leading to the shore of river Ganga. It's a tradition in Hindu families to scatter the grains for the ants and birds to feed on them. Suddenly, an ant caught his attention, who was feeding on a rice grain.


He was mesmerised by this very fact that how a small grain of rice becomes food for the ant but to satisfy the hunger of a person so many grains are needed together. This incidence made him realize the importance of a single grain of rice.
ALL
Advertisement
Anu Satheesh
Anu Satheesh
@AnuSatheesh5
Story of Thumba Poo and Shiva

Thumba poo is a tiny white flower which grows in all areas. These flowers are used for treatment for sinus. Small children who have polyps in Nose are told to crush tumbha leaves and apply in nose part.
There is an interesting story of Thumba and


Mahadeva. Thumba flowers were not taken for Shiva Pooja. Saddened to this Thumba prayed sincerely and Mahadeva appeared before her.
She was surprised that Shiva had appeared before her. Instead of saying that she wants to under his feet always, she said
@SriramKannan77


She said that her feet should be on his head. Shiva accepted her prayers. It is because of this Thumba flower is placed in the head of Shiva Linga.
Shambo Mahadeva
Om Namah Sivaye
🙏🕉🙏
ALL
Billy Bostickson \U0001f3f4\U0001f441&\U0001f441 \U0001f193
Billy Bostickson 🏴👁&👁 ...
@BillyBostickson
1. Mini Thread on Conflicts of Interest involving the authors of the Nature Toilet Paper:
https://t.co/VUYbsKGncx
Kristian G. Andersen
Andrew Rambaut
Ian Lipkin
Edward C. Holmes
Robert F. Garry

2. Thanks to @newboxer007 for forwarding the link to the research by an Australian in Taiwan (not on

3. K.Andersen didn't mention "competing interests"
Only Garry listed Zalgen Labs, which we will look at later.
In acknowledgements, Michael Farzan, Wellcome Trust, NIH, ERC & ARC are mentioned.
Author affiliations listed as usual.
Note the 328 Citations!
https://t.co/nmOeohM89Q


4. Kristian Andersen (1)
Andersen worked with USAMRIID & Fort Detrick scientists on research, with Robert Garry, Jens Kuhn & Sina Bavari among


5. Kristian Andersen (2)
Works at Scripps Research Institute, which WAS in serious financial trouble, haemorrhaging 20 million $ a year.
But just when the first virus cases were emerging, they received great news.
They issued a press release dated November 27, 2019:
ALL
Buzz Chronicles
Buzz Chronicles
@buzz_chronicles
@SaveToBookmarks Namaste! There you go! Original tweet by @buzz_chronicles: "@SaveToBookmarks Namaste! You can find it here. Original tweet by @AchuthArora: ...". Enjoy 👌

Hi! There you go! Original tweet by @SaveToBookmarks: "@buzz_chronicles @AchuthArora @OllieEmberson @rattibha No more missed tweet 😉!

...". See You soon! 👉
ALL

You May Also Like

Anu Satheesh \U0001f1ee\U0001f1f3
Anu Satheesh 🇮🇳...
@AnuSatheesh5
Thiruvizha Mahadeva Kshetram
#Alappuzha 
#Keralatemples 🚩

Thiruvizha Mahadeva Kshetram is located in Cherthala and it is believed that Prathishta of temple was done by Vilwamangalam Swamy. Paramashiva is Swayambhu here and is worshipped as Kalakandha which means who swallowed


Halahala visham to save the world during Samudra mathanam. 

It is a famous temple where people seek the blessings, for curing the Kaivisham. The poison given by someone to destroy a person is made to vomit here. This is removed by making them vomit the poison by a special


medicine.
The medicine for vomiting is made from a plant near temple by Palodathu family. The milk offered to Bhagwan is mixed with the extracts of the plant.

Story says that once this place was a dense forest, and a woman was looking for the presence of a tortoise in the pond


and the tip of her stick hit the bottom and it started bleeding in the pond. 
Frightened, the lady informed every one and after searching in pond people found Swayambhu Lingam inside the pond. Thus Prathishta was done here.

Om Namah Shivaye
Shambo Mahadeva
🙏🕉🙏
ALL
Joey Tawadrous \U0001f1ee\U0001f1ea
Joey Tawadrous 🇮🇪...
@joeytawadrous
1) Core attributes of a promising founder worth following:
- Progress/trajectory over time
- How well they lead a team &
- Make the vision happen
- Most impressed when someone is way ahead of where you thought they would be when you check up/see them a few months later.

2) Indie Makers have such a benefit of being small, fast, nimble workers in comparison to big companies.

We can easily pivot and vastly change a project of ours. We can change as we learn more about our users.

Big companies can take months/years for even the smallest of pivots.

3) Before you find a product market you can pivot your project as many times as necessary until you find something that works.

Then you only have one thing to do: scale, scale, scale.

4) Be obsessed with the little details.
- listen to every single person who uses your product
- reply to every single person who emails you about your product
- ask them what they like and do not like
- iterate your product, make changes, pivot if necessary

5) Paul Graham's (@paulg) name came up with a feeling of great admiration! Naturally! It was Paul who said:

In the early stages of a company just;
- write code
- talk/sell to customers to stress test your idea

Nothing else.
STARTUPS
Advertisement
Anu Satheesh
Anu Satheesh
@AnuSatheesh5
Krishna and the False Vasudeva
#story

Paundraka Vasudeva was a King mentioned in Bhagavatha Purana. He was friend of Jarasandha, the king of Magadha. He believed that he is Vasudeva Krishna.
Once Paundraka Vasudeva received a letter from Shishupala, stating that he wanted


protection from Krishna, because it was Rukmini's wedding and Shishupala thought Krishna would take away Rukmini.

Paundraka Vasudeva agreed and went to Vidarbha, the Kingdom of Shishupala, but failed to provide protection as Krishna took Rukmini away. Paundraka Vasudeva was


feeling sad. His Minister's cheered him.
They said that Paundraka Vasudeva was the real Vasudeva and Krishna is a cheater. Everyone started to believe this and soon Paundraka Vasudeva soon started to taunt Krishna by saying that Krishna was a cheater.
Paundraka Vasudeva then


challenged Krishna to a war and Krishna said that he would give Paundraka his Chakra and Gadha. Paundraka suspected some foul play and went to King of Kashi for his protection. In battlefield, Krishna came in front of Paundraka, and said that he would throw his Chakra and Gadha


to him. But, Krishna's throw was perfect that the Gadha hurled him to the Ground and the Chakra killed him.
Krishna soon killed king of Kashi with an arrow and his head went flying to Kashi.
Thus Victorious Krishna was recieved by people of Dwaraka.
Hare Krishna 🙏🕉🙏
ALL
Queen Preshiii
Queen Preshiii
@preshdeyforyou
Men actually cum faster when having sex with someone they love

Haha y'all fw this tweet very well 😀

So why we're here lemme show you guys WHAT IMPRESSES A MAN MOST IN BED

Sweetie I wanna remind you that every Good sex😍 is based on mutual respect and love❤, so make sure that the guy you’re fucking is worthy of you.

. and never waste effort on a guy who isn't worth it. But as long as you’re convinced of the hero-status of this guy, your endeavours will never be wasted❤.

So Below Are Things He's Secretly Dying for You to Try In Bed👇

• BABE FUCK HIM WITH THE LIGHTS ON😋💡

Men loves it when they see their dick going in and out of our pussy🍑 —They love it so much.

They love to see our creamy💦 pussy wet their dick🍆— They fucking love it 😍

You may be worried about what your husband thinks of your post-breast-feeding boobs, your C-section scar, or that at some point, he'll stop being attracted to you because you look a little — OK, a lot—different than you did on your wedding day.
LIFE
Simon Wardley #EEA
Simon Wardley #EEA
@swardley
X : Our executive team is concerned that we need to up our game in order to out innovate Amazon.
Me : Do you map?
X : Yes
Me : Like this?
X : No. What's that?
Me : A map of a tea shop.


X : Why is that a map?
Me : Long story, all to do with how space has meaning. To keep it short, maps help people to focus on user needs, the components involved, to communicate missing components and scenario play ideas like staff becoming robots.


Me : They’re also good for measuring and managing capital flow, making investment decisions, removing bias and getting rid of duplication.
X : I don’t see how that helps with innovation?


Me : Well, innovation is a tricky word because we use it to describe many things. If you’re talking about differentiation with the adjacent unexplored then you’re experimenting in the “uncharted” space e.g. immortality with magic provided by the special custom built kettle.


X : That sounds like nonsense.
Me : A lot of what people think will be the next great innovation is nonsense. Actually, most of it is. That’s the nature of the uncharted space, it’s experimental, high risk and generally results in failure.
X : We need more reliable innovation.
TECH