Sailesh

@saileshmax

1285 Following

354 Followers

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https://hey.xyz/u/vipmax

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Fear and greed 28 % Volatility (25 %) We’re measuring the current volatility and max. drawdowns of bitcoin and compare it with the corresponding average values of the last 30 days and 90 days. We argue that an unusual rise in volatility is a sign of a fearful market. Market Momentum/Volume (25%) Also, we’re measuring the current volume and market momentum (again in comparison with the last 30/90 day average values) and put those two values together. Generally, when we see high buying volumes in a positive market on a daily basis, we conclude that the market acts overly greedy / too bullish.

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🚨NEW: Well, you all heard it but @realDonaldTrump said he expects Congress to get digital asset legislation to his desk before August recess. Members in the room were @GOPMajorityWhip and @RepBryanSteil. Note — @SenatorTimScott had originally set the goal of getting legislation to Trump’s desk in the first 100 days of his presidency, which would have been next month. Congress now has a 4-month extension on that timeline. 🤔

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JUST IN: 🇨🇳 China and Middle Eastern countries are considering a "Bitcoin buying strategy," CNBC says.

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If you think you’ve seen it all, think again. $IMT is here.

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BTC Day🤡🤡🤡🤡🤡

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Claim early role

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https://hub.kuroro.com/?referral=SEOZBNKI

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Questions: —Why would Bitcoin not grow beyond $250,000 if we have favorable market conditions? —Why not $500,000 and beyond now that the USA has a Cryptocurrency friendly government? The truth is that reality can be deceiving. When things are bad, the market tends to grow. When things are good, the market tends to grow but more controlled. Imagine what would happen if an exchange like Binance gets shutdown in the year 2025. This would mark the end of the bull-market and produce a major long-term correction or bear-market. Imagine what would happen if laws are passed that demand a bunch of taxes on everything Crypto, this would make people sell fast and strong and this would signal the end of the bull-market, the bull-market that will develop within months. Market conditions can be great. Market conditions can improve and continue to improve, but the cycles always remain. The market tends to fluctuate between bears and bulls.

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Bitcoin: $150,000, $186,000 Or $500,000 In 2025?🙄🤔 $BTC —Bitcoin's All-Time High in 2017 was $20,000. $20,000 X 1.618 = 32,360 $32,360 + $20,000 = $52,360 $52,360 + Inflation = ~$64,000. —Bitcoin's All-Time High in April was $64,000. $64,000 X 1.618 = 103552 $103,552 + $64,000 = $167,552 $167,552 + Inflation = ~$190,000. (1) Bitcoin's All-Time High standard potential in 2025 based on previous cycles stands around $190,000. (2) Bitcoin's All-Time High potential in 2025 based on the March 2024 high price and the August 2024 low, stands at either $138,004 and $162,554. Notice that $162,554 is very close to the $167,552 based on previous cycles. This is a strong level. We would still need to add inflation which would give us a minimum of $160,000+ (190,000 to 220,000).

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Happy morning🌞

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