CAUTION: bullposting, On-chain roundup Reasons to be bullish: 1. @cryptopou Everyone's bearish 2. @_Checkmatey_ 28-day Market-Realized Gradient maybe found bottom 3. @BinkiePondarosa Diamond Hands Multiple at peak PAIN 4. @ultravirtu Asia has stopped selling 5. We at support
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1.a Fear and Greed index at prior buy zones
#bitcoin fear and greed index temperature : Today back in extreme fear, index at 23.
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1.b Another look at FGI, @gas_fring_'s target of $46k has since been hit
FGI has been forming a range between 16-29 since the Dec 5 nuke. It's now at 29. Expecting it to trend down and test the bottom of this range. As for $btcusd we can expect $46k again. $btc $xbt
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2. @_Checkmatey_ 's 28-day Market-Realized Gradient indicator seems to have found a bottom This means coins are done changing hands at a loss from initially accelerating down (2nd derivative) to now accelerating less (velocity is still negative but has turned around)

Dec 17, 2021 · 9:16 PM UTC · Twitter Web App

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3. Diamond Hands Multiple at peak PAIN
💎👐#Bitcoin Diamond Hands Multiple --> 6mo+ #HODLer Value / Std Dev of Mcap Measures how extended $BTC is to LTH bags. The signal: 🟩 Buy Zone 0 to 1 (peak PAIN) 🟥 Sell Zone > 10 (peak FOMO) 🪖HODLers are holding the line 💪Entering conviction zone 😎Let's go! 👉BULLISH🚀
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4. Asia stopped selling. IF WE ARE BEARISH, WHERE ARE ALL THE SELLERS? THERE ARE NONE.
Replying to @johofm
2/2 The silver lining: First, US and EU keep buying; and secondly, Asia selling seems to be decelerating.
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AGAIN WHO THE FUCK IS SELLING?
My 45k target got front-run by a couple hundred bucks because too much bottom shorting started happening + spot absorption exhausting seller. $BTC
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5.a - We're at technical support
$BTC #Bitcoin back to daily MA 200
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5.b - HTF structure still bullish - thanks @BigCheds
$BTC #Bitcoin testing weekly MA 50 🚨🚨🚨
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5.c SPX is at support - thanks @PermabullNino
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BONUS: even @WClementeIII is waiting for bullish confirmation
My plan is to buy all the cheap sats Will leaves on the table. Thx.
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…when the megabulls turn bearish, it’s time to buy
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