Bitcoin cycle tops are normally marked by:
Very high mempool fees
Whales sending coins to exchanges
New expensive shitcoins
Expensive asics
Normies texting you about Bitcoin
PlanB dick riders
Bitcoin cycle bottoms are normally marked by:
Scam exchanges going bust
Miners rekt / cheap asics
Empty mempools
Normies trying to dunk on you
PlanB stops tweeting
🤣😂
Plan B stops tweeting 😂 best shit ever hahaha
You are pretty much on except for your point about Plan B. I understand that you are a member of that posse that wanted to hang him after his S2F model missed after the last halving, but there was a reason for that, including Covid and the China mining ban.
He has several other models now which are more approachable now so you may want to dial down that noise. Your call...
I want to hang him not because his model missed, but because he himself did not believe it, was not buying BTC, while telling his millions of followers that BTC was about to hit 135k
Wouldn't be surprised if he was going short
Theres a lot of talking heads with no skin in the game, but I've not heard that before about him.
I'll not bother you to back it up with sources but still its a fairly hard accusation...
He admitted on his own Twitter, go look around the bottom timeframe when he says "for first time in 3 years, I'm buying again"
I ride the old rainbow chart's dick and I do it for fun.
feeling like a top. sell btc
And people advising you wait and/or keep extra cash available for lower lows (e.g. $10k).
It's funny. We are at all time highs (even though not inflation adjusted ATH) but I don't see retail FOMOing... 🤔
