IA Crypto News Live: BTC, Crypto Market, FBI, FUD, Politics, Game Theory, TA and more.

112 Views
Published
https://www.patreon.com/InvestAnswers
#Bitcoin #Wyckoff #FBI #FakeHack #Microstrategy#BullishIndicators #BTCGameTheory

0:00 Intro

0:20 Crypto exchanges registered a net outflow of 22,550 BTC on Monday, the biggest single-day net drain since Nov. 2, 2020 per Glassnode. Bullish or nervousness 

1:00 Wyckoff - 4 down, 1 to go and now accumulation mode

1:30 MSTR - 400K Bon issuance 4x oversubscribed, mostly Hedge Funds

2:00 Paraguay - BTC Adoption Paraguay Politician Promises Big Bitcoin Announcement. PayPal involved. 

3:00 Massive Geopolitical Game Theory in Place. Second-world countries beholden to USD just lost half their value and they want another option, Dominoes are falling. 

4:00 Berkshire Hathaway invests $500M in Brazilian digital bank he has spoken out against digital assets many times, maybe more open to idea as Brazil is v bitcoin hungry

5:00 Special Assistant to the President and Cybersecurity Coordinator under the Obama administration, Michael Daniel, "Banning #Bitcoin because of ransomware is foolish"

6:00 Biden Advisor Tim Wu, works on technology and competition policy, keeps a large portion of his wealth in the world’s leading cryptocurrency. Holds Between 25%–43% of His Net Worth in Bitcoin. At least $1 million in Bitcoin.

7:00 Raoul Pal - looking at DeMark Indicators work well for me for assessing probabilities. The weekly 9 on the log trend line in BTC feels about the right chance of a reversal higher. If this fails over a few weeks (lower odds), it will lead to much longer pain. Let’s see…” Bitcoin appears to be mirroring its market structure when it recovered from the coronavirus-induced collapse last year.

8:00 Darkest before the DAWN. Major confluence at 30K max floor would be a dip to 28K. Buying at 33K means max 10-15% from bottom IMHO
Category
Crypto Investing
Tags
Be the first to comment