Smol $BTC thread.

Retail is starting to believe again.

For the first time since August we have what is considered bearish funding.

Binance L/S ratio is going up rapidly.

1/3
Same thing for Okex.

Retail is finally going long again.
Whales are a bit more careful it seems.

2/3
Ratio's are going up (into bearish territory), but it's nothing extreme yet.

So, I think the following is likely...

A scenario just like in July/August.
One cool off day (today), then one final quick rally which creates a blow off top.

After that, most likely alt season.

3/3
"HURR DURR TARGET SIR?!"

Trying to predict the future is pointless, but if I had to guess I would say 16500 - 17000.

$BTC
You can follow @ByzGeneral.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled:
Those who think consciousness raising & movement building are disconnected, or even a distraction from electoral politics have not paid attention to the history of social change.In this thread, we
Read more
The 2020s will be known as the Remote Work decadeA few predictions of what is likely to emerge[ a thread ] Third Space: Office and Working from Home will
Read more
1/29: Have you ever had a concept explained to you that helps frame complex issues you’ve been wrestling with and opens your eyes to new possibilities? A concept that I
Read more
By continuing to use the site, you are consenting to the use of cookies as explained in our Cookie Policy to improve your experience.