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Bilal Melwana
@Bilalmelwana
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Don't underestimate CZ. He deserves respect.
When the intrinsic value of an industry falls short of the capital it has absorbed, society tends to view this as a "sin." In such cases, the ones labeled as sinners are those who built and participated in the industry. Society singles out the most influential figure as the guilty party, holding them responsible for the industry's failure to grow properly. Although many have committed wrongdoings, only a few atone for the industry's "sins."
From the perspective of established society, the crypto industry carries many "sins." It has absorbed tremendous capital, yet its intrinsic value has not grown proportionately. Like other young and immature industries, crime was rampant—part of its growing pains.
On September 29, CZ (Changpeng Zhao), co-founder and former CEO of Binance, will be released from four months of detention. While he has certainly made mistakes, his detention also carries a vicarious element, representing the industry's growing pains. CZ is a businessman deserving of respect. Without Binance, the crypto industry would not have attracted the immense global liquidity it benefits from today.
It's crucial to distinguish his merits from his faults clearly. In my view, @cz_binance's achievements far outweigh his mistakes. He has paid his fines, and his detention is nearing an end. The industry should begin to see him in a new light.
When the intrinsic value of an industry falls short of the capital it has absorbed, society tends to view this as a "sin." In such cases, the ones labeled as sinners are those who built and participated in the industry. Society singles out the most influential figure as the guilty party, holding them responsible for the industry's failure to grow properly. Although many have committed wrongdoings, only a few atone for the industry's "sins."
From the perspective of established society, the crypto industry carries many "sins." It has absorbed tremendous capital, yet its intrinsic value has not grown proportionately. Like other young and immature industries, crime was rampant—part of its growing pains.
On September 29, CZ (Changpeng Zhao), co-founder and former CEO of Binance, will be released from four months of detention. While he has certainly made mistakes, his detention also carries a vicarious element, representing the industry's growing pains. CZ is a businessman deserving of respect. Without Binance, the crypto industry would not have attracted the immense global liquidity it benefits from today.
It's crucial to distinguish his merits from his faults clearly. In my view, @cz_binance's achievements far outweigh his mistakes. He has paid his fines, and his detention is nearing an end. The industry should begin to see him in a new light.
#BTC
Bitcoin bottomed 547 days prior to the 2016 Halving but topped in its Bull Market 518 days after the 2016 Halving
Bitcoin bottomed 517 days prior to the 2020 Halving but topped in its Bull Market 549 days after the 2020 Halving
Bitcoin bottomed 517 days before the 2024 Halving but may very well top in its Bull Market ~549 days after the 2024 Halving
That's October 2025
History suggests two takeaways:
1. The Halving acts like a mirror. Bitcoin Bear Market Bottoms occur a similar amount of days prior to the Halving compared to the amount of days its takes for Bitcoin to form Bull Market Tops after the Halving
2. The best of the Bitcoin Bull Market is yet to come
$BTC #CryptoDawar #bitcoin☀️
Bitcoin bottomed 547 days prior to the 2016 Halving but topped in its Bull Market 518 days after the 2016 Halving
Bitcoin bottomed 517 days prior to the 2020 Halving but topped in its Bull Market 549 days after the 2020 Halving
Bitcoin bottomed 517 days before the 2024 Halving but may very well top in its Bull Market ~549 days after the 2024 Halving
That's October 2025
History suggests two takeaways:
1. The Halving acts like a mirror. Bitcoin Bear Market Bottoms occur a similar amount of days prior to the Halving compared to the amount of days its takes for Bitcoin to form Bull Market Tops after the Halving
2. The best of the Bitcoin Bull Market is yet to come
$BTC #CryptoDawar #bitcoin☀️
$ADA Pretty clean breakout & retest here.
If these things start working out, that'd be a good gauge of market strength.
So for now I'm watching to see if this is just another fakeout into more downside or if it actually can get a move going.
Generally, if things start moving up where they "should" that's a sign of strength and vice versa if it doesn't obviously.
So this is not a setup/endorsement or anything. Just a test for the time being :)
If these things start working out, that'd be a good gauge of market strength.
So for now I'm watching to see if this is just another fakeout into more downside or if it actually can get a move going.
Generally, if things start moving up where they "should" that's a sign of strength and vice versa if it doesn't obviously.
So this is not a setup/endorsement or anything. Just a test for the time being :)
🚨 BREAKING 🚨
QATAR IS LAUNCHING FULL DIGITAL
ASSETS REGULATORY FRAMEWORK
TO MAKE QATAR A #CRYPTO HUB FOR
GLONAL FIRMS AND TRANSFORM
INTO A FINANCIAL CENTRE.
COUNTRIES ARE NOW FOMO-ING
INTO CRYPTO SPACE TO ATTRACT
MORE CAPITAL INTO THEIR REGION.
THIS IS GIGA BULLISH 🔥
$BTC
QATAR IS LAUNCHING FULL DIGITAL
ASSETS REGULATORY FRAMEWORK
TO MAKE QATAR A #CRYPTO HUB FOR
GLONAL FIRMS AND TRANSFORM
INTO A FINANCIAL CENTRE.
COUNTRIES ARE NOW FOMO-ING
INTO CRYPTO SPACE TO ATTRACT
MORE CAPITAL INTO THEIR REGION.
THIS IS GIGA BULLISH 🔥
$BTC
My prediction is that Bitcoin is about to find a final bottom before entering a prolonged consolidation phase, trending upward for a significant period.
During this consolidation, I believe there will be an alt season that will strengthen the overall market and positively impact the shitcoins.
I believe we will have a nice Uptober next month and probably by end of September we will have a mini bull market on Shitcoins
$BTC #bitcoin☀️
During this consolidation, I believe there will be an alt season that will strengthen the overall market and positively impact the shitcoins.
I believe we will have a nice Uptober next month and probably by end of September we will have a mini bull market on Shitcoins
$BTC #bitcoin☀️
$TOTAL Altcoin market cap really not looking as bad here but at a key level.
The recent flush lower definitely killed the lower timeframe momentum, but looking where this came from earlier this month, we're still on track to make a decent higher low around this area.
The real test will be whether this can break back above last week's highs which would also need $BTC to trade back above $65K again.
In my opinion, that would signal a larger timeframe reversal and likely an attempt for BTC to leave the range or at the very least test 70K+ again.
For now we're in the middle of it all, a 10% candle lower and everything looks awful. A 10% candle higher and things are looking great. It can really be that simple sometimes and that's why it's best to wait for more clarity.
The recent flush lower definitely killed the lower timeframe momentum, but looking where this came from earlier this month, we're still on track to make a decent higher low around this area.
The real test will be whether this can break back above last week's highs which would also need $BTC to trade back above $65K again.
In my opinion, that would signal a larger timeframe reversal and likely an attempt for BTC to leave the range or at the very least test 70K+ again.
For now we're in the middle of it all, a 10% candle lower and everything looks awful. A 10% candle higher and things are looking great. It can really be that simple sometimes and that's why it's best to wait for more clarity.
Full Retrace V reversal of the Kamala crash for the indexes (Bitcoin)
Full retrace V reversal of the Kamala crash for the indexes now.
A 4h bear div developing up here which may lead us into a smaller correction, but ultimately very nicely positioned for higher.
We've had 2 major differences in PA with the indexes in crypto in the last couple of months.
The first in June where the indexes ripped into fresh highs while we essentially inversely correlated with the move.
Then again in July when the same was true again, but this time for crypto upside and index downsi
A 4h bear div developing up here which may lead us into a smaller correction, but ultimately very nicely positioned for higher.
We've had 2 major differences in PA with the indexes in crypto in the last couple of months.
The first in June where the indexes ripped into fresh highs while we essentially inversely correlated with the move.
Then again in July when the same was true again, but this time for crypto upside and index downsi
2010: (Jan)
#Bitcoin price: $0.003 per coin
Gold price: $1097 per ounce
2024: (Jan)
#Bitcoin price: $43,532 per coin
Gold price: $2063 per ounce
14 Year Difference:
1,451,066,567% price increase
88% price increase
What caused this massive difference in price appreciation between these two assets?
#btc $BTC
#Bitcoin price: $0.003 per coin
Gold price: $1097 per ounce
2024: (Jan)
#Bitcoin price: $43,532 per coin
Gold price: $2063 per ounce
14 Year Difference:
1,451,066,567% price increase
88% price increase
What caused this massive difference in price appreciation between these two assets?
#btc $BTC
Crypto Twitter may be bearish, but you're failing to see the bigger picture. 👇
Billions of $$$ of institutional money have flowed into the Bitcoin ETFs sinch launch.
Ethereum ETFs are about to start trading.
BlackRock is not gonna stop there.
They're probably getting a Solana ETF too, in the next 12 months.
Don't fade the bull market just because it has slowed down.
You haven't seen anything yet.
This is the opportunity of a lifetime.
DON'T MISS OUT ON GENERATIONAL WEALTH.
Billions of $$$ of institutional money have flowed into the Bitcoin ETFs sinch launch.
Ethereum ETFs are about to start trading.
BlackRock is not gonna stop there.
They're probably getting a Solana ETF too, in the next 12 months.
Don't fade the bull market just because it has slowed down.
You haven't seen anything yet.
This is the opportunity of a lifetime.
DON'T MISS OUT ON GENERATIONAL WEALTH.
Everybody is wondering why #Bitcoin and #Altcoins are going down 🔻🔻
There is no major news or FUD that caused the market dump ❌
As we all know, US employment data came yesterday.
And the data came in higher than expected.
⬇️
It means that the job market is strong.
⬇️
People will spend more money.
⬇️
Inflation will go high.
⬇️
The #FED will again delay the rate cuts, which is not good for the market.
It caused panic in the market; that caused more liquidations, which led to more price drop.
$BTC
There is no major news or FUD that caused the market dump ❌
As we all know, US employment data came yesterday.
And the data came in higher than expected.
⬇️
It means that the job market is strong.
⬇️
People will spend more money.
⬇️
Inflation will go high.
⬇️
The #FED will again delay the rate cuts, which is not good for the market.
It caused panic in the market; that caused more liquidations, which led to more price drop.
$BTC
Peasants aren't very effective because they have an easily exploitable weakness.
The peasants NEED money.
Not want, NEED.
They have bills they can barely pay and need money for groceries so they can eat.
Hedge funds will short GameStop stock and never close because they know the peasants will sell.
The majority of individual investors buying GameStop are doing it to make money.
They WILL sell.
Selling is certain.
They'll sell if the price stops going straight up.
They'll sell if the price stays stagnant or bleeds down for 2 years.
They will sell.
Bills are going to pop up and they'll look at their empty bank balance and then look at their "NEVER SELLING" bag and sell it.
They're for the cause for a few days, weeks or months MAX.
The rich mega-corps know this.
Time is on their side.
They can outlast the retards because the majority of the retards want to make money, they want to sell.
Money is the ultimate tool to keep the slave class down.
Hedge funds will NEVER buy until ABSOLUTELY FORCED TO.
The peasants WILL sell when it's convenient.
Both parties are motivated by money.
But only one party is immovable and iron-clad in their resolve.
If you don't harden your resolve, you are doomed to lose every game you ever play.
I will NEVER SELL.
It was never part of the plan, this isn't about money.
Peasant tricks do not work on me, I cannot be bought.
The peasants NEED money.
Not want, NEED.
They have bills they can barely pay and need money for groceries so they can eat.
Hedge funds will short GameStop stock and never close because they know the peasants will sell.
The majority of individual investors buying GameStop are doing it to make money.
They WILL sell.
Selling is certain.
They'll sell if the price stops going straight up.
They'll sell if the price stays stagnant or bleeds down for 2 years.
They will sell.
Bills are going to pop up and they'll look at their empty bank balance and then look at their "NEVER SELLING" bag and sell it.
They're for the cause for a few days, weeks or months MAX.
The rich mega-corps know this.
Time is on their side.
They can outlast the retards because the majority of the retards want to make money, they want to sell.
Money is the ultimate tool to keep the slave class down.
Hedge funds will NEVER buy until ABSOLUTELY FORCED TO.
The peasants WILL sell when it's convenient.
Both parties are motivated by money.
But only one party is immovable and iron-clad in their resolve.
If you don't harden your resolve, you are doomed to lose every game you ever play.
I will NEVER SELL.
It was never part of the plan, this isn't about money.
Peasant tricks do not work on me, I cannot be bought.
#BITCOIN CYCLE TOP $250k ?
In July 2016 cycle, Bitcoin topped
out 518 days after the Halving
In the May 2020 cycle, Bitcoin topped
out 549 days after the Halving
If history repeats, #Bitcoin will most likely to top out approximately 518 -
549 days after the Halving.
This would imply that Bitcoin could
peak in the current cycle in mid-
September or mid-October 2025
with targets of $150k-$250k.
What do you project the price of
Bitcoin will be at the peak of this
current cycle?
In July 2016 cycle, Bitcoin topped
out 518 days after the Halving
In the May 2020 cycle, Bitcoin topped
out 549 days after the Halving
If history repeats, #Bitcoin will most likely to top out approximately 518 -
549 days after the Halving.
This would imply that Bitcoin could
peak in the current cycle in mid-
September or mid-October 2025
with targets of $150k-$250k.
What do you project the price of
Bitcoin will be at the peak of this
current cycle?
📊 Grayscale inflows up $4 million! 📈
This demand bodes well for the other #Bitcoin ETFs, potentially setting the stage for an exciting and bullish evening for $BTC
👀🔥 #CryptoMarketSentiment😬📉📈 #BitcoinETFs!
This demand bodes well for the other #Bitcoin ETFs, potentially setting the stage for an exciting and bullish evening for $BTC
👀🔥 #CryptoMarketSentiment😬📉📈 #BitcoinETFs!