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colin crypto
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GAIN CAPITAL ‘’All paper money eventually returns to its intrinsic value - ZERO" (Voltaire 1729) "Fiat is the scam that enables all other scams." I DO NOT SELL COURSES 🗣️
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Colin 1 year ago
Global M2 Money Supply vs BTC 72-day offset (M2 pushed forward by 72 days) Blast-off date looks to be April 1st, currently. image
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Colin 1 year ago
Amazing! The SEC case against Richard Heart was finally dismissed!! I felt confident this would happen. Glad it did. The final portion of the bull run (once it gets going again) will be a glory to behold for holders of $PLS, $PLSX, & even $HEX (But only if you bought the bear market lows).
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Colin 1 year ago
Knowing for a fact that it would 100% still rise id say Hodl is still a very smooth journey if you just don’t care about the price drops. image
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Colin 1 year ago
Guys. I have to "eat crow" on something. (meaning: I think I was wrong). I was looking over the M2 chart and reviewing user comments and a couple of people suggested using a Global M2 offset of 76 days instead of the offset of 46 that I had been using. I thought they were wrong so I didn't initially listen, but I finally just checked it out, and now I am convinced it was I who was wrong. I agree that a 76 day offset does fit better. I'm 80% convinced that the offset should be 76 instead of what I had been using. It gets a little tricky when looking at the more recent BTC price action vs M2 because neither is a perfect fit, but when you zoom out a bit I think it becomes more clear. It's late and I have to go to bed, but I wanted to make a visualization of this as soon as I saw it. I'll have to make a video on this later when I have time to. Below are both charts, so you can see for yourself. Now, here's the painful part: The difference in time to "blast-off". - The top chart is how I had been presenting it, with a 46-day offset. This chart has Global M2 predicting a BTC blast-off from 6 March - 13 April. - The bottom chart has a 76-day offset. This chart has the Global M2 predicting a BTC blast-off from 5 April - 12 May. Yes, a whole month later. So, while there is a small chance (20%) we could take off in early March, I think the greater chance (80%) is we take off in April (the bottom scenario). I apologize for not spotting this earlier. I zoomed in too much and was looking at too small of a time frame when coming up with the 46 offset. I feel like a doofus. Please accept my apologies. image
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Colin 1 year ago
You know what’s crazy? While Bitcoin nose-dived, ETH/BTC went sideways. Normally when BTC drops, ETH drops more. Altszn? image
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Colin 1 year ago
The Bitcoin fear and greed index is LOWER than where it was when FTX collapsed. That's actually nuts. 🤯 Talk about a sentiment reset. This is actually very good for bulls, imo. image
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Colin 1 year ago
71k-$73k is the next major Bitcoin support level image
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Colin 1 year ago
Hello guys! Now where do we start #introductions