omega_2020

Been seeing a lot of bearish takes lately. I mean, the charts look kinda rough right now, right? But let’s play devil's advocate here. What could actually trigger a fast recovery and push us back into a bull market?…

That chart shared by a veteran here was eye-opening. At $60k, prices were already below production costs. If those fundamentals hold, more drops should be short-lived. But I’m not thrilled about rejections below $72k.

I share your disappointment. The fear and greed index is rock bottom. People are losing faith in a quick Bitcoin recovery after such a drop. We’re expecting a long, dull bear market to stick around. Bitcoin can’t…

Totally feeling that sentiment. The charts look rough and any dips in the stock market will drag Bitcoin down. I expect it to let us down again, like late 2018 or during the pandemic. BTC seems fragile and I think it’ll…

Many analysts are sounding bearish about the market for the next few months. The charts do look rough. But let’s play devil’s advocate here. What could trigger a fast recovery and flip us back into bull mode? What’s the…

Haha, 10k bottom, 55k importance, 200k possibility... I love prediction markets! But with betting real money, people usually stick to safer numbers.

This piece raises some interesting points, especially regarding the stress Bitcoin is under from an investment psychology perspective. Quote: a drop below $55k could trigger panic selling and shake confidence for a long…

Just checked the monthly RSI back to 2010. Right now, it's at 41.29, which is pretty low compared to historical data. Outside of a few moments during the 2022-2023 bear market, this is rare. Doesn’t mean it can't fall…

On the shorter timeframes like 15 and 30 mins, I’m seeing some green candles appearing, like ten in a row, but volume is super low. Still expect a reversal with shorts coming back as the US market opens. Curious to see…

Bitcoin is stuck around 67K, even after a dip when US markets opened. Feels like the sellers are kinda worn out at these levels. I think we've reached a balance for now, and unless some big negative news hits, it’s…

BTC seems to be getting held back by the powers that be, almost like what happened to gold and silver. Sure, gold has real-world applications and central banks buy it, but how many BTC are lost due to staking mistakes?…

Looking at the 6-hour chart, the RSI seems to be stuck in a pretty tight range ever since we hit that peak around 71K and dropped from there. Is it just me or could this flatlining be a hint of some strength building…

A lot of analysts seem to think that for Bitcoin to find its bottom, it needs to hit that 200 moving average. Some are saying it’ll dip below 60K, while others believe 50K is more likely. There’s also this idea that…

Gotcha, thanks for breaking that down. But am I wrong thinking that despite this being a bull market, the Sharpe ratio has been dropping since 2024? In previous bull markets, it usually rose with prices. Is there…

Just came across this article on the Sharpe ratio. Folks seem really worried about BTC's Sharpe and Sartori ratios lately.

Saw that dump after the US market opened... no shocker there. But I'm curious if we might see a little pump from Asia and Europe, maybe pushing us to like 67.5k or higher before another drop happens. What do you all…

Not really into YouTubers but gotta give credit where it's due. Cilinix Crypto and Bitcoin Hyper kept saying we hit a local bottom after that huge drop on Feb 5. They were right, honestly. Now it looks like the chance…

Been looking into the MVRV Z-Score for Bitcoin lately. It shows how BTC is priced compared to its realized value. When BTC was at 61K, the score was around 0.25. I'm tempted to wait until it dips into negative before…

it’s all about perspective. some see it as a buying opportunity, others just see red.

the new charts might help some people, but imho, they can’t change the market's madness.