krupaiah (krupaiah)

krupaiah

Crypto ethusiasist

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Bull propaganda: The bottom is in? šŸ¤” Bitcoin bulls finally got a small spark. The Insilico leledc indicator flashed a buy signal on the 3-day chart šŸ” This tool is an exhaustion counter similar to TD Sequential. It helps spot when a trend is getting weak, but you need real understanding of exhaustion frameworks to use it. šŸ“† During the last bear market in 2022 it printed a buy signal about six months before the actual bottom, then gave another confirmation closer to the real reversal. šŸ‘‰ If you want to use this signal as a basis for a long, you have to be ready for that kind of early call again (after which we can easily drop another 15%).

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The irony of life... It's funny how this tweet by Michael Saylor from 2013 is still up šŸ˜‚ Twelve years after it was posted, his company Strategy owns 649,870 BTC ($56.3 billion) šŸ’°

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