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DK🏒🥅
@dkcrypto13.bsky.social
Entrepreneur, Investor & Hockey Player. #bitcoin & #crypto since 2013. Opinions, never investment advice.
7) Macro considerations

This is difficult. I look at liquidity as published by Cross Border and also have my own expectations re Inflation (I think AI will reduce services inflation massively) and debt issues in the US (I think the US Dollar will have a problem). We'll see.
November 30, 2024 at 8:40 AM
6) The bubble roof

If we are in a bublle (I don't think we are), these typically end in a violent break out of an already steap upwards channel and price rises 100% in a short time. Then it falls through all previous levels. If this the case now, $BTC would rise to $130k ish.
November 30, 2024 at 8:40 AM
5) Bitcoin Dominance

During all Bull markets, there comes a period when $BTC dominance falls by a large amount (30% or so) quickly. It is often the last leg when everyone gets excited about the newes alts. When $BTC dominance falls to 40%ish again, I will consider selling alts.
November 30, 2024 at 8:40 AM
4) Consolidation Drift

In strong Bull markets, periods of digestion will trend upwards (ie higher lows). When this changes to consolidations beginning to make lower highs instead, I will consider reducing positions.
November 30, 2024 at 8:40 AM
3) Tether Premium

Whenever real demand is strong, $BTC (and $ETH) price in USD is typically higher than $USDT price. It means money coming into the market. Since Trump got elected, we've seen a steady Tether discount. If this flips for more than a few days, I lighten positions.
November 30, 2024 at 8:40 AM
1) Funding Rate Heat Map

coinglass.com/FundingRateHea…

Historically, I cannot remember the market putting in a significant top till this map showed yellow and orange for about a week and a half. When that happens, you can be sure that I will cut my leverage.
November 30, 2024 at 8:40 AM
GET YOUR FUNDS OFF #BINANCE  

99.9% chance nothing happens to Binance international. All funds #safu.

BUT is that 0.1% chance losing your funds worth ignoring when you can SO easily self-custody in a wallet, even if just 3 months till DOJ situation is clear? I mean, come on…
July 6, 2023 at 9:08 PM
Could today be the start of a beautiful journey? $ETH

🙏
July 2, 2023 at 10:47 PM
In an ideal world, even when the DOJ indicts CZ whenever they do, Ripple loses or the US government coins move, we‘d hold these blue boxes on a closing basis. At least weekly closing. We‘ll see. If we do, I think it‘s great news. Not advice. $BTC $ETH $SOL
June 26, 2023 at 5:21 PM
Big beat on non-farm payrolls. On top of that lower wage increases than forecast.

Inflation keeps dropping, Economy is staying strong.

Sure, you can debate 1 more hike or not, but to me this is a goldilocks scenario. 🤷🏻‍♂️
June 2, 2023 at 12:33 PM
So the labor market pretty much says „no recession“. Wonder what happens IF the next inflation reading is low again…
June 1, 2023 at 12:40 PM
This is because „everyone is long“
May 24, 2023 at 10:35 AM
Some folks at the Fed after calling #inflation transitory for 2 years: „It‘s really bad. Inflation just isn‘t coming down. It‘s not transitory, we need to hike rates and hold for longer!“

Actual inflation:
May 22, 2023 at 12:46 PM
Wait, I was told by everyone who was so disappointed that there was no market crash on CPI that everyone was long?
May 11, 2023 at 6:04 AM
I asked #ChatGPT:

In a hypothetical world in which different AIs dominate global trade, if they were entirely free in their choice, out of all fiat, #crypto and commodities, which currency are they most likely to use for their transactions and why? #AI

Here is the answer. $ETH
May 5, 2023 at 5:41 PM
This is fine. There is no banking crisis. The US banking system is well capitalized, sound and will be referred to as „JP Morgan Group“ in the future.
May 4, 2023 at 1:49 PM
$MSTR confirming not enough cash flow for long term obligations certainly is bad.

Though to be clear I think they had to mention all options for regulatory reasons. Think most of the other ones more likely than selling $BTC.

Credit to Rhorider on twitter for the screen.
May 2, 2023 at 7:57 AM
It’s early and outlook will really make or break it, but I literally had a conversation with a prospective investor that I pitched tech last December. He said it was all overvalued and the recession would cause $MSFT $AMZN $GOOG to miss the next quarters. Well… most up 20-30%…
April 27, 2023 at 8:20 PM
👀 Earnings season isn’t going poorly…
April 27, 2023 at 10:37 AM
The goof thing about this whole false alert thing is that OI was mostly wiped again.
April 27, 2023 at 10:17 AM