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Morgan Stanley says it’s ok now to allocate your portfolio to $BTC. Lmao
 
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Morgan Stanley says it’s ok now to allocate your portfolio to $BTC. Lmao


This is why even a 140-160k peak price with sky high interest rates and lets say the cycle ends in 2025 only reaching this range only makes me think what is to come in 2029 with 2-4% being advised to be allocated going forward.

Forget 10T vanguard will be offering an etf and allowing there peeps to invest in crypto and trump allowing crypto in IRAS. Even excluding the last 2 big things in favor I may be being bearish saying 300k ish in 2029-2030.
 
Crazy hitting all these new ATHs yet this place still relatively quiet compared to previous ATHs. Means much higher to go.

ETH crossing 6k is gonna hit like crack

Well at least with btc we hit 100k close to a year ago and have been chopping 110+since may really. the previous cycle we went from like 10-60 in like 3-4 months.

That will be good for ETH crossing that mark.
 
$GOLD parabolic rise is more alarming than anything. Study the history of Fiat currency. It’s not the price of gold that matters as much as the purchasing power of the $USD
Absolutely.
Friends know I'm basically William Devane and tell me I gotta be loving this. Everyone loves profit but this is no doubt very scary when I consider why I loaded gold in the first place.
 
$GOLD parabolic rise is more alarming than anything. Study the history of Fiat currency. It’s not the price of gold that matters as much as the purchasing power of the $USD

True. Gold breaking above 4k only further tilts to btc playing some large catch up in q4? Gold ath, s/p 500 nearing 7k, m2 peaking, rate cuts ahead, bollinger bands compressed and ready to explode.... should be fireworks to end the year for you know who.
 
Wild day, $19B in liquidations today. More than the covid crash and ftx crashes. Hope you’re all staying safe out there and avoiding leverage.

Its good to have put in limit orders just in case we get some crazy drops like today otherwise good luck trying to get into an exchange or move funds during the fiasco you likely will run into roadblocks.

All in all getting the overleveraged longs out probably increases a bigger run coming. back to 120's in the next 7-10 days max.
 
Biggest liquidation in history and price is the same as last week. lol. I’m more to believe this is a local price bottom and price is going way higher. Leverage will burn you if you don’t have limits on your losses. I only play the spot market these days, as I’ve had my share of 3rd degree burns in this dirty market.
 
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Biggest liquidation in history and price is the same as last week. lol. I’m more to believe this is a local price bottom and price is going way higher. Leverage will burn you if you don’t have limits on your losses. I only play the spot market these days, as I’ve had my share of 3rd degree burns in this dirty market.

After last cycle going 60k to 30k in 4wks then ultimately 69k to 15k this really was a quick recovery.

Like u said if anything this sets up a higher peak price this year by flushing leverage out.
 
After last cycle going 60k to 30k in 4wks then ultimately 69k to 15k this really was a quick recovery.

Like u said if anything this sets up a higher peak price this year by flushing leverage out.

This market nascent market can be manipulated (in the short term) by big players using the leverage market to flush out longs and shorts. Playing the spot market works for me. My goal is to have more BTC than I did previously (month, quarter, yearly). I spot buy BTC, and play the altcoin market alts/BTC. Expect continued volatility as Wall Street and now Sovereigns (latest Luxenberg) use leverage to flush out longs and crash price creating fear while they’ll happily buy spot BTC at 105K like yesterday.
 
This market nascent market can be manipulated (in the short term) by big players using the leverage market to flush out longs and shorts. Playing the spot market works for me. My goal is to have more BTC than I did previously (month, quarter, yearly). I spot buy BTC, and play the altcoin market alts/BTC. Expect continued volatility as Wall Street and now Sovereigns (latest Luxenberg) use leverage to flush out longs and crash price creating fear while they’ll happily buy spot BTC at 105K like yesterday.

Agreed. Im sticking to cycle ending by eoy latest and a 50-70% correction q4 next year. Will be my black friday sale to load up. Enter every cycle with more than the previous to keep it simple. Good luck
 
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