Caleb Franzen
69.7K posts
Caleb Franzen
@CalebFranzen
Analyst.
- #Bitcoin daily candles since October 2020. The red & white indicators use linear regression analysis to measure the slope of the regression on different time frames (slow vs. fast). Crossovers are bullish/bearish depending on the direction. Bullish crossover happening now...
- Fuck it, bring back Biden.
- Can't sustain a rally on: • SEC cases dropping • Abu Dhabi buying BTC • Trump getting inaugurated • U.S. Crypto Strategic Reserve • Coinbase reporting rock-solid earnings • MicroStrategy buying billions of dollars of BTC Chat, we might be actually be cooked.
- What the literal fuck is this shit?Have a great weekend
- 29.1% of Bitcoin hasn't moved in 5+ years. That's absolutely insane. Think about it... 5 years ago today, Bitcoin was trading at $6,500. It fell to $3,100 five months later, falling -51%. Then it ripped back to $13,800 from Dec.’18 to June’19. BTC fell another -50% in the 2nd
- This is the moment for #Bitcoin. A daily close below $54k would represent yet another lower low after a series of lower highs. We're below the 21, 55, 100 and 200-day MA. We're below the short-term holder realized price. We're losing bullish structure. These are just facts.
- Okay, I'm actually genuinely tired of Bitcoin's price action.
- Replying to @TikTokInvestorsTranslation: “When the banks said we were over-leveraged and they wouldn’t lend to us, we turned to alternative markets to borrow more money at higher interest rates. We don’t know when the music will stop, but we hope it won’t be soon!”
- 2 hours of Bitcoin's upward price action erased in 20 minutes. I'm tired boss.
