bowtrix

Hello friends.$Trump is heavily manipulated by Donald Trump, like recently when he mentioned the coin and pumped it up on that. He has lots of coins that he wants to distribute. Since he controls the country and the narrative, this is very easy to do. All he needs is to find people willing to buy the coins by releasing some big news. As you can see on the chart, it currently looks like an accumulation area with a clear level of liquidity to sweep through at $12.45 before crashing.Did you notice how crypto didn't plunge along with the equity market on Friday? It was a huge break in the correlation and it shows that some serious manipulation is going on for this entire market. My expectation is that this weekend there will be some massive news such as that Trump has used the government to purchase Bitcoins or a similar headline.Onchain data shows that smart money has been accumulating millions of dollars worth of Trump here over the past 2 days and the price is already starting to rise from the lows. They definitely know something. Think about the timing of a final exit pump across the board for cryptos right into this plunge on equities. It makes perfect sense to sweep liquidity at $95,000 in that market as well and give everyone one last chance to sell their coins before Bitcoin plunges to $50,000.

The gold market has been really crazy. Do you know that currently, gold is worth an equal amount to the entire M2 money supply of US dollars? When adjusted for CPI, its considered by some measures to be more expensive than any other time in history. Google search trends worldwide for the term "Buy gold" are now at record levels. Everyone is buying gold because they think that tariffs, inflation, war, and a potential recession are good for it. They are all completely wrong. Every time the stock market has crashed, gold crashed too, although sometimes like this time it lags behind slightly.The trading strategy now is to wait for a sharp drop and short heavily with puts when the momentum is staring to turn on the bears favor. I think a final liquidity sweep is still likely in this distribution here before a very serious multi-decade correction gets going fully.

I think that gold is reaching a generational bubble peak right here and now, and I'm expecting one of the most epic crashes we've ever seen on news that these Trump tariffs have been greatly reduced & delayed.Position: April 4th ATM gold puts

April 2nd, referred to as "Liberation Day" by President Trump, is the day he plans to announce new tariffs on imports from various countries, aiming to reduce reliance on foreign goods. The specific details of these tariffs are still unclear, but they are expected to impact a wide range of products. Gold has been on a face-ripping vertical rally up into this news on expectations that this will be big news, but it's pre-announced which means it's a clear sell the news event. I am going to buy 0DTE puts on gold at the market open on April 2nd and sell them before the close.

Hello friends.Shorting Bitcoin should yield enough profit to retire if we can get in at the 40k level. This is one of the best trades you will see in the coming years, so the size should not be small!Polymarket quotes the odds that specifically a BlackRock ETF is created this year at around 50%. I think the odds are closer to 80% for *any* Bitcoin spot ETF to be approved this year (counting Greyscale GBTC). And if that happened it would still pump the market quite a bit.When the ETF is announced, Bitcoin will be very likely to pump. We want to get massively short into that movement. That is the peak.We haven't had the ETF announcement quite yet, but I think that this is the time to get short right now. If we do see it, we could go even higher, but if there is even a perceived rejection, which is still on the cards, the red candle will be like -25% in a minute so it's worth being short.

Hello friends.Right now it's tremendously difficult for me to pick a side on Bitcoin. I have arguments for being bullish, and I have arguments for being bearish. Both of these arguments are quite compelling.Bullish arguments:We have not yet seen the kind of peak euphoria that we might expect from an echo bubble. Nowhere did sentiment overflow with excessive positivity.We have been in a consolidation-looking phase for the past 200 days. If we were going to form an impulse down, shouldn't it have happened by now? It would make sense for the price to be trending down very rapidly in that kind of situation. Instead, it's dead flat, suggesting that we aren't inside of a bearish impulse.TOTAL (Total Crypto Marketcap) has quite a different-looking structure compared to Bitcoin which has risen a lot more this year. I would say TOTAL looks a lot more bullish and primed to give another wave upwards, and in such a case it's hard to argue that Bitcoin would itself be falling during that move.Bearish arguments:Global liquidity is rapidly falling, and Bitcoin is very likely to follow it on the way down. Related, the stock market is effed and is set to collapse. It's quite rare for the stock market to crash and not take Bitcoin along with it.Even though we didn't reach peak euphoria, that is somewhat expected -- this isn't a true bull market, it's just an echo bubble. You can only force so much euphoria into a beaten-down, depressed market. It was never going to feel anything like the sentiment did when Bitcoin was topping at 69k. Most people in crypto are down a lot on their 'investments' even with the recent price gains in 2023, so they can't get all that excited about this just yet. If you look at BLX, everyone is still long-term bullish AF on Bitcoin. So one way or another, the sentiment seems locked perpetually on max bullish for many traders in this crypto market.I can't reconcile these arguments into a strong view one way or the other. I would say that I am SLIGHTLY more bullish than bearish on crypto, but I emphasize slightly. I don't have a real opinion here, and I want to avoid trading anything crypto-related until the market shows me a real opportunity.If the bear case is correct and crypto starts to collapse, we will see signs of that happening, but we likely won't have any good entry points and it may be too late to actually take the trade as I don't usually like chasing trends. Ideally, this will not happen, as I might not make any money from this outcome. I won't lose any either though, so it would be more neutral than anything.If the bull case is correct and crypto rallies hard, this is what will really present a golden opportunity for me. I will get to short Bitcoin from potentially as high as $40,000, which is incredible. With a setup like that, I would feel confident enough in the trade to take a 6 figure position. I would likely execute the trade itself by buying puts on something crypto-related, like Microstrategy, Coinbase, or some bitcoin miners. If price rises like this, it eliminates a lot of my bullish arguments, while keeping the bearish arguments on the table. It also takes away the bullish count. I don't see Bitcoin breaking or even coming close to 69k ever again as even a possibility worth considering, so the risk is extremely low when shorting Bitcoin at around the 40k level, and the reward is extremely high considering I have a long-term target of around 8k for Bitcoin.For my strategy, being patient and waiting for a great opportunity is what makes the most money. That is how I got long on Greyscale Bitcoin Trust back when it was 8 bucks a pop last year and had 16 bucks of NAV (50% discounted)!So, we can all wait and hope the bulls are "right" and that Bitcoin rallies. Because that's the best way to take their money, and win big!Another argument favoring the bulls is that we likely want to see a Bitcoin ETF approval before things peak out. If we see approval, it's definitly the signal to short TF out of Bitcoin following that pump.

Take Everything They Have Hello friends. This is our primary wave count for Bitcoin. It's the scenario where we set up the ultimate trap for retail idiots and take them for absolutely everything. They will have NOTHING when this is done. Send it up in one last epic push and make their monkey brains press the buy button, and then Bitcoin experiences the most epic crash of all time. During the final push, we want to see: People finally start buying back in, sentiment improves and becomes euphoric Lots of exit liquidity pours in, Bitcoin likely reaches as high as $38,000 or even a tad higher Whales fully exit their bags, shrimps accumulate large positions (already happening currently) Huge pump for alts that lagged behind BTC at the end of it During the epic crash, we would expect most/all of these things to happen: Saylor gets liquidated on his margin loan and Microstrategy has to dump all their Bitcoin ($3,734,000,000 worth!) Several more exchanges go bankrupt/get hacked/rug pull 90%+ of all Bitcoin miners go bankrupt, only the ones stealing energy continue to operate ""profitably"" Greyscale Bitcoin ETF finally gets liquidated and $16,849,000,000 worth of Bitcoin gets dumped onto the market since it's trading well below NAV and needs to be arbed USDT and other stablecoins permanently depeg Many of these events can cause massive candles to the downside and liquidate lots of overleveraged traders. It will be a great show. After all of it: The earth is purged of the tumor that is Bitcoin. The people rejoice.

Echo bubble inbound... 3... 2... 1... blastoff !!!

Hello friends.Floki was recently listed on Binance US and many 'American crypto investors' blindly bought in -- err, I mean they 'wisely invested their dirty fiat into a super bullish cryptocurrency poised to become the next One World Currency and out meme the Big Dog'. As a result, the price of Floki increased massively and provided us with yet another shorting opportunity. Now that retail is fully 'invested' they will quickly panic sell if the price falls too sharply, or they will sell out of boredom of the price fails to rise a minimum of 420% per hour and compound at a rate of 69000% APY. This retail selling can drive the price down again. Let's see. Keep in mind that the retail buying wave isn't finished yet, since the slower retailers who haven't seen this news yet still want to buy. There will be continually diminishing buy pressure for the next day or so as all the extra slow-headed retailers buy, which will give us more chances to DCA into an inverse investment to hold for the long-term collapse of Floki.Our stop loss is set at the 0.00006 level in case there's another Musk Tweet about Floki. Other than that we will hold the position until the price moves down to hit our take profit or until retail otherwise exits their longs.Note, Americans still can't buy yet, they will be able to FOMO in tomorrow, April 25, 2023 at 5 a.m. PDT / 8 a.m. EDT.

Hello friends.If you just bought Dogecoin because they changed the Twitter logo to a Doge, you have been Musked.Every other time this type of "bullish" news event has happened, the strategy has been the same: Long it at first to get in early, and then short it once the herd has bought in. We think a little more juice may be left in the lemon, but not much. We want to short doge at our specified entry. Retail has already nearly doubled the doge open interest, showing extreme euphoria. It is important not to rush into these shorts, or you will become trapped.We did not get filled. Shame.