$ETH got absolutely destroyed this morning! Went through the support like a knife through butter!

✍️ Not gonna lie, crypto market is quite hard to trade this year! Even though I make enough profit, this comes with spending an enormous amount of time and energy. At the same time my best trade is buying Gold after like 3 minutes of analysis 🤷‍♀️

Bitcoin has been really hard to analyze this year and I couldn't really understand why. The chart is rigged on all timeframes from 1h to 1d, tough spikes and fakeouts all over the place. Is there a reason for such behavior?

Let's imagine an institutional investor with billions of dollars under management. He has diversified the money between T-bonds, stocks, metals and other stuff. The market is exceptionally good: basically everything goes up. Nevertheless, this investor is smart and he knows that taking profit is important, so as hedging.

❗️ So here is the question: why would this investor take profit on very bullish stocks/metals, when he can always just short Bitcoin through ETFs?

If you think about that it becomes quite obvious: $BTC should be somewhere near the long-term highs due to 4-year cycle, it is fragile to basically any news and it has some liabilities like Saylor. $BTC does not come together neither with Gold, neither with stocks, so it's basically a hedge to everything!

If investors really used Bitcoin as a hedge, the chart would look like... Wait, just how it looks now! Insane de-correlation with stocks and metals, freaky spikes inside the range and high volume across ETFs! This makes Bitcoin a unique asset that we have never witnessed, this makes Bitcoin almost impossible to analyze for short-term moves!

Conclusion? I plan to focus more on stocks and less on crypto, especially less on Bitcoin. It won't give me more profit than any other asset, so why doing it the hard way? I will spend my time more efficiently 🙏

I see no reason to buy $BTC when you can buy some $COIN! Correlation between Coinbase and Bitcoin price is high anyways, $COIN chart is just better. Also weird to think that biggest exchange in the US costs 6 times less than Ethereum 🤡

Blue zone is for buying, you can buy the tokenized version $COINX on Bybit or BingX!

My favorite stock right now is $EL8, that's Elevate Uranium Ltd. The usage of uranium will only grow with AI begging for more power, so this is a solid pick for long-term!

I buy a bunch of $EL8 in the blue zone, unfortunately no analog for this one in crypto.

👩‍💻 #REVIEW BITCOIN

My plan is simple: sit in shorts below $113k targeting new local lows.

The sustainable reclaim of $113k bearish LIS would lead $BTC to $115500 and then to range highs. But until then it's Goblin Town, bears have the initiative!

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$BTC reached first target! Nice profit for everyone involved!

Locally bears became a bit too cocky, it's hard to say yet, but a reversal may start soon!

Nasty rejection on $ETH! It's so weak that the retest was almost invisible, one wick kissed another wick.

$3750 is the target for now.

👩‍💻 #REVIEW BITCOIN

Bears made a mistake: they let bulls pump $BTC above $111500 with no rejection! Now bulls have everything they need to push $BTC back to $114k!

That red level is quite thick though! I don't think that $BTC can pump through with no rejection. The question is can bulls hold $111500 support twice: today and after $114k rejection?

If the answer is yes, this is definitely a development of mid-term lows. If bears push it back below $111500, new lows are coming!

Based on current development, I think that $BTC bulls have finally took the full lead! Strong support is forming right below the current price, time for a rotation higher!

I have been waiting long enough, it's finally time to get some $XPL! This is definitely one of the most perspective alts heading into Q4, it's important to have some exposure!

I open a long in the blue zone, my local targets are on the chart!

$BTC went up as expected! Huge profit for bulls!

$ETH looks good after reclaim of the blue level! Now $4470 resistance is the next target!

Above red zone it's new ATH 😏

Are you ready for the big ride? It's time to be fully allocated in crypto and crypto-related stocks!

$SUI chart looks nice! The price is moving inside a falling wedge, ready to storm the highs!

I open a long in the blue zone, my targets are on the chart!

$LINK is another great choice to buy! Huge bull flag is about to be broken upwards!

Blue zone is for buying!

$EL8 is absolutely sending! Already above first target, aiming for higher!

👩‍🚀 #REVIEW BITCOIN GLOBAL

The orange coin is strong! Globally speaking, $BTC moves inside a huge ascending channel. The target of current pump is $134k upper bound!

Moreover, it became popular to break ascending channels and wedges to the upside, ignoring basic rules of TA. Thus I add two more targets: $142k and final one at $150k!

As I already said, $BTC won't make you rich anymore, it is valid to preserve capital, but not to double your holdings on spot. Better get some $COIN instead!

Talking about $COIN, the first target is hit! Quick 20% profit for stocks lovers!