1/ What I currently expect with Bitcoin and crypto (doesn't mean it has to happen):

-BTC going down to 48k, probably 45k or even 40k.
-Then "complacency": BTC will go up again (probably to CME gap at 60.5k) but not to a new ATH. Alts will moon heavily.
-Then everything crashes.
2/ Complacency refers to the Wall Street Cheat Sheet. That is exactly how 2017/18 played out. There is also a chance we could be in complacency right now, but it doesn't feel like it to me.
3/ What am I doing: I am currently 47% in stable coins and 53% in BTC & alts. I am not looking to exit anything right now. I am looking to long alts if BTC reaches 40k in the near future with some of my stables and then exit the short-term trades when BTC is above 50k again.
4/ What do you guys expect? What's your game plan? Write it in the comments!
You can follow @footballelixir.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled: