Oddbean new post about | logout
 There's a strong possibility that the next bull market will begin, in earnest, at 2pm ET on Sept 18, 2024.... Although it may start slowly at first while market participants wrap their heads around the FOMC statement over the ensuing days/weeks.

Late 1990s style.

Could be a humdinger for #bitcoin. 
 I’m looking forward to the world waking up to #bitcoin. 
 I read about bitcoin pre-pizza day but never understood it until I was looking for solutions many many years later. When the world wakes up to inflation and money as a technology we see a massive increase in interest. 
 Dante from Simply BTC is bearish, others are bullish, how the heck do we know what is going to happen? 
 It's always a game of probabilities.  
 https://m.primal.net/KtKZ.jpg 
 Stay humble stack sats 
 Haha, I was gonna say he was known to the FBI :) 
 Could also be risk off like the three previous cutting cycles 
 It's possible. 
 Bullish 
 tomorrow is going to be exciting and volatile. looking forward to it! the ensuing inflationary surge will surely be bearish for markets at some point as they realize this is a violent cycle. 
 After this it's earnings uncertainty (maybe they turn out bad), election uncertainty (protectionism vs communism), and then it's back to FEDspeak. 

I'm not very optimistic for the rest of the year. But I'm positioned well either way.  
 Bitcoin adoption is inevitable. It is just a matter of time 🫡
Too good to be ignored for much longer. 
 Disclaimer: SAF 
 Not a TA guy, but I tried drawing lines based on the new trend of higher lows during lower highs. If this "astrology for men" works then *something* will happen around September 27th, the question as always is, what? Rational Roots spiral chart is cool. Last time peaked between 10k and 100k, next one could peak between 100k and 1M. Would be pretty epic to melt faces to 700k over the next year or so. All the aforementioned price and time speculation is somewhat hollow, but it wouldn't be out of line historically speaking for it to play out this way.  Ironically if it didn't play out that way... it would indicate something actually being different this time.

https://m.primal.net/KtNk.png
 
 Can't wait to see how the rest of the year plays out.

https://image.nostr.build/5a77f7cee37688317f72fd63a6647f3123c0bb1a111ff90f4dce68e8910f2484.jpg 
nostr:nevent1qqs9ex2q0cjcth8yrc0jc336x9jk63rs9nh02eeeffpscf04rnky5uqpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsyg9hn9kps0srdhe8sq55twqthhytp06ewxmxyx5xhu6knsejz9ls05psgqqqqqqss400xt 
 I WANT TO BELIEVE.

Actually I do. you have been so far the most accurate and level headed analyst out there so far. 
 NGL wouldn't mind a bit of validation to help rally the quasi-sheeple 
 UPDATE: Remember this post from Sept 17th? Back when #bitcoin was still chillin at $58k. 👀 

Liquidity volume and flows matter.

Ignore this correlation at your own peril.

Just saying. 🐂 

#Bitcoin

nostr:note1tjv5ql39shwwg8sl93rr5vt9d4z8qt8w74nnjjjrpsjl288vffcqsg8xjz