| Trading crypto since 2012 | Elliott Wave since 2014 | An-Cap | NFT Artist and Collector | @Tronbies

Joined February 2014
Real estate giants who are massively overleveraged are starting to collapse. Evergrande is just the first big domino to fall Zillow is also collapsing Supply is increasing while demand is decreasing because of covid restrictions Expecting massive volatility ahead ⚠️
CHINESE DEVELOPER EVERGRANDE ADMITTED IT MAY FORMALLY DEFAULT, $10B IN PROPERTY BONDS MATURING IN JANUARY ALONE -RTRS
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Next few months price action is probably going to be aids. I wouldn't try taking any directional trades here, only scalps or spreads.
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Seems most people are still ignoring the risks. Biden has literally said we won't have lockdowns because of the vaccine. So what happens when we get a variant like Omicron that makes the vaccines ineffective? Back into lockdown.
1/7 I've been arguing for some time, this is the most chart right now. When one spikes, the other follows. So, with Europe spiking to new all-time highs, will the US follow? History says yes.
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Did anyone notice that @coinbase/@CoinbasePro/@CoinbaseSupport removed the wick down to 42k? Wtf is up with that? Screwing with my charts now..
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So are they just going to pretend those trades didn't happen or did they roll them all back or what? Shady shit from coinbase, not surprising.
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Open interest is still elevated. I suspect we'll see quite a bit more deleveraging before this is able to start climbing again.
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This may be the acceleration phase of the wave. We could see some sideways choppy price action for the next several months as we slowly make our way to 35k.
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If you didn't listen to any of my many warnings to sell and you prefer to just hodl, I suggest you don't look at the price for a few months (unless you like being disappointed). Things will be better next year. After 35k #Bitcoin can easily go to 100k+
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Everyone is still ignoring the black swan
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Price is down and so are my followers 😬 Oh well, portfolio up big 🚀
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What tech bubble?
Wwithin the Nasdaq (3765 stocks) 5 stocks Microsoft, Google, Apple, Nvidia, Tesla account for 71% of 19% YTD gain: BofA
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Price is easy to predict. Timing is much harder.
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Intuit Φ retweeted
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I've decided to dust off this old idea from almost 4 years ago. I think it might be valid now if long volatility becomes a popular trade during lockdown, and long volatility funds become significantly larger than the underlying VIX futures market. tradingview.com/chart/UVXY/d…
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