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bobloukass.bsky.social
Position Trader, Opportunity Seeker. Vincit qui se vincit. X@Bobloukas linktr.ee/bobloukas
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We’re on verge of completing a Bitcoin Weekly Cycle, as I’ve been sharing last 6 weeks. For context, there have been just 5 weekly Cycles since the 2022 bear market lows. (Avg 6month events) 4 of these cycles had 90-105% moves. One failed to do much (June-Sept 23).

Bitcoin Day 50 - Now into the final phase of the 60-day and Weekly Cycles. And the beta in ALT's reflecting this. More a question of if the bottom of the range (90k) can hold or not. Doesn't matter, sentiment resetting occurs either way.

Some minor exceptions, like Identify and digital art, but they're not moving the needle.

It's hard to be critical of memecoins. It's just an industry coming to terms with the fact that the only real crypto use case is money/finance.

gm Final phase of the Bitcoin 60-day and Weekly cycles. 2 weeks left. Then next big leg up….is my read. Any loss/capitulation of the $90k bottom range should be bought for a V bottom. But feeling like this cycle ends via time instead, as price is coiling here.

As has been the character of this Bitcoin bull market, the next leg up is likely to be violent and unforgiving to those second guessing. Be positioned and sit back.

Can some technical folks tell me what were the limitations on Ethereum launching their own integrated L2, configure the L1 staking validators to also perform the L2 validation, and have all revenue pass back into the L1?

Day 20 (of 40) for #Stocks, at the mid-cycle point. Good buildup in preparation for the weekly Cycle advance. This is just the 1st Daily Cycle in a bull trend. Favorable position.

Gold working on a 7th green weekly candle. The weaponization of the Dollar continues to drive gold higher. Inflation not hurting either.

Brady is the best QB in history. Listening to his commentary is painful. Just states the obvious, adds nothing of depth.

How do you throw a flag like that in a Super Bowl? Oh right, forgot.

BTW - Even if we got the first portion of this type of move, say $90k to $160k March to May/June, I would be selling half of my crypto stack there. Will cover in next video

Didn't he make like 100-150m? And promoting a buy and dumping on followers for like 80k. Amazing.

My wife loves me going into the office. This guy 👇

Day 38 of the Bitcoin cycle. Still think end of Feb, around Feb 20-25 Bitcoin can bottom and resume the bull trend. Question is can it hold the range until then. Next visit > $106k is likely new cycle and won’t look back.

This is the eat each other crypto cycle. The fresh meat ain’t coming.

I would say the ALT-Coin carnage has the "potential" smell of a final capitulation bottom. But the PTSD of this 4yr cycle stops me. Markets are wonderful like that.

Got to had it to crypto exchanges. They’ve educated a new class of “aspiring” traders to believe that a Stop Loss is actually called a “Liquidation Price”. Genius.

This action is the weekly cycle still working off a 15 week - 105% move. So in the declining phase. Actually held up well to date. Still building the next level oscillating within a range. Break below range (<$90k) should be bought. End of Feb is where cycle should end.

Imagine buying the $Melania coin at a $11 BILLION United States Dollars and thinking you're going to make money. When she has 60% of the total supply that will unlock monthly and be completely unlocked within 12 months. $11 Billion Dollars. lol

‪This has been the mindset that has hurt majority in Crypto for a decade.‬ ‪Btc is for the rich. When I get rich from alts I'll play btc game 😂‬

On average, during the 2+ year Bitcoin bull market, what percentage of your total crypto allocation has been in Bitcoin versus everything else?

Signing into law (probably not for 6-9 months) a "Digital Strategic Asset Reserve", and the bullish lead up to it. is the type of announcement that a major cycle top would form on.

Clean gold cycle action. 1st Daily Cycle topped deep into Cycle, forming right translated. First drop tag 10dma, bounce, then a 2nd drop down to the DCL. Then resume primary uptrend in the 2nd Daily Cycle. I don't sidestep the 1st DC decline, not worth being caught our of pos.

Newsflash - Market shocked with exponential growth. Upset price of AI compute might be reduced by 90%.

S&P was up 350 points in just 7 trading days. It's called profit taking. The news is just what's for the offering that day.

Gm my friends

Tommy Norris (Billy Bob Thornton) is such a great character on Landman. Amazing lines.

gm 🫰 Bitcoin/Crypto just building another base to support the next level. Go enjoy the weekend.

My read on $SOL, feels like pressure building and once released, could run very quickly (<8 weeks) to $600. Price action & history, economic activity, narrative, phase of cycle, all support. Before you reply "SOL is trash or my bag better", don't care, just following charts.

Just Week 2 of a new Cycle for stocks. Picture perfect cycle action this bull market.

Having thousands of impersonations on X, I came to this platform hoping things would be better for my followers. It just came to my notice that someone is impersonating me. Well the account has been reported and I hope Bluesky knows what to do. Thank you so much @rugermayne.bsky.social

Strong Rumor, don't shoot the messenger but hearing it through reliable channels. The strategic stockpile they are discussing is $BTC and... $XRP. Not a joke. We will see,

Crypto reduced to “hope” a government enacts laws and corporations buy coin for numbers go up.

You could argue $eth started underperforming once the “ultra sound money” narrative took hold within the community. #trading #crypto #investment #stock

Crypto reduced to “hope” a government enacts laws and corporations buy coin for numbers go up. #investment , #stock #trading #crypto

I'm sorry for my cynicism, I'm not purposely being negative. I just speak my mind, I like to think integrity still matters in dealings. Appreciate most just want to make money, nothing wrong with that. I guess I still believed in the founding ideals for the space. Naive of me. #crypto #bluesky

gm - Happy Monday! Are we ready for an absolutely crazy season? In every way.

Why is $ETH underperforming this Cycle is like asking why is Las Vegas outperforming Atlantic City. If/when $ETH pumps hard this Cycle....I think we would be at the tippy top.

If the president of the UNITED STATES OF AMERICA can launch and promote a memecoin, then essentially it's OK (and not shamed) for anyone/anywhere to do so. The grift to come is going to be unreal, even by crypto standards. Welcome to the final stage of the Cycle.

You should have little bias or conviction in something “you believe is going to happen” when it’s not aligned with what has or is happening.

This month marks 13 years of publishing a weekly newsletter at The Financial Tap. And priced affordably on purpose at less than a $1 a day. Site. thefinancialtap.com

This is just Day 8 of the Bitcoin 60-day cycle, and working on the first red candle of cycle. Nothing unusual. Too early for sustained weakness, so think we bounce off 10dma. As always, just be patient. This bull market is super healthy.

$288k this Oct/Nov is my target for the Bitcoin Cycle Top. Not a prediction. This is simply based on the profile of all of the 60-day/Weekly Cycles during this current 4 year cycle, fitted into a typical 4-year cycle.

For 2025, I believe tailwind of 4yr cycle with new admin policy will see US Equities put in another banger year. A continuation of bull looking for Cyclical bull market peak late this year as cycle peaks and market get really expensive. Heading into weekly cycle low this month.

Bitcoin appears to be confirming a new 60-day Cycle. Leaving behind a 56 day cycle if it can remain strong today. The question then becomes, was the -15% decline over just 3 weeks enough for the Longer Weekly Cycle to reset. Or do we need to chop around for 2 months first.

Going to be a Big Year!