BITCOIN BULLISH BREAK OUT! 3% BTC OWNED BY BIG COMPANIES! STIMULUS SOON? [Risks Remain, Be Careful!]

 

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Bitcoin has a bullish break out on low volume. 3% of BTC is now owned by a dozen companies. Stimulus could still be coming!
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BITCOIN BULLISH BREAK OUT! 3% BTC OWNED BY BIG COMPANIES! STIMULUS SOON? [Risks Remain, Be Careful!]

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60 comments

  1. And these companies know what they are doing. They are smiling from ear to ear. This is only the beginning, and the other strong crypto also has a chance to do very very well.

  2. Let’s see what happens after the weekend … will the pre-weekend CME gap get filled by BTC dropping to fill it?

    The low volume has been concerning. But also big players buying on OTC.

    Will the 11k or 11.2k support hold?

  3. I bought my first crypto in 2017. I am so excited that we enter 2021 in just 80 days…. 🀩

  4. Lark, could you do something on how much money infusion it takes to raise the market cap, how OTC doesn’t raise the price right away, but then how that affects the sell side and price rise? It is very confusing to me.

  5. Hey Lark, wondered if you’d be keen to come on my trading podcast, Trading Nut.

    If you’re keen let me know and I’ll send you more details.

    Cheers

    Cam

  6. I think the crypto market is starting to feel the effect of the halving. 70+ days above 10k! I’m hoping for a de-coupling soon.

  7. Yes, we should be dumping fill the pre-weekend gap, be damaging if we don’t.
    The CME must be very furious we aren’t filling 9.6k yet. We need to work much closer with them and keep the price tighter as not to create gaps, but hold for them over the weekends.

  8. I think BTC is already in the early stages of committing a breakout from its connection to the stock market. It’s just a matter of time. …Short the banks! Long Bitcoin!

  9. My hope is to eventually see Bitcoin break away from it’s current correlation with the stock market.

  10. Actually a few days ago before the pump was a better time to invest. Or just wait until it falls back down

  11. Wrong Gerald….Bitcoin is the plaything of the Fed now. Buy Theta instead. Fed rigs all challengers to the dollar….gold, silver, Bitcoin. That is why you should buy Theta. It is the future of the internet and it is NOT a challenge to hegemony of the dollar like Bitcoin is so the Fed will pretty much ignore Theta. At least for a while. No one can predict what Fed will do once Theta really starts taking off and displaces Bitcoin as THE coin to be in. Chances are the Fed will start rigging Theta too…but you can make a LOT of money before the Fed does that.

  12. I read somewhere, that according to or based on the on chain fundamentals the β€œreal” price for 1XBT should be at around 33k by now..

  13. Eventually the OTC merchants will have to sell for higher prices, due to higher costs (hash rates etc..) so my prediction is, that prices on exchanges will remain to be laggy for the upcoming months, still time to accumulate πŸ‘

  14. I wonder, what happens though when governmental FOMO kicks in πŸ˜‚, seems China is one of the earlier countries, which understood the impact, it will have..

  15. Im here for all of the hotest, and all of the lastest hapenings in the wild, wild land of crypto πŸ™‚

  16. Good afternoon; You are an angel for those of us who are starting to trade, GOD bless you.
    Thank you very much for the indicators and templates.

  17. I recommend Rostislav Eduardo to each and everyone who are willingly to trade, He’s reliable and 100% legit, He has been on top of trade over the years

  18. Always good content whenever you speak mate, I’m super proud of you. A lot of them’ll focusing too much on btc price, why not channel that same energy into learning something new like real tradig and learning how to earn from trading ur btc rather than just hodling and wasting it’s very main purpose and ability. I trade with Fernando Newton’s signa ls and with his help my earnings has increased drastically from 3 btc to 9 btc in just 2 weeks, so why hodl to risk all to the change in price when you can deal with a reliable trader/ analyst like Fernando ? You can have a chat with him via telgrm @FernandoNewton for any crypto related matters..

  19. I took my time to observe and watch Fernando’s work before staring trade with him and since then till date he hasn’t given me a single reason to regret my actions

  20. I have been opportune to trade with a few Renowned traders here in California and I will sincerely say that Fernando’s signals did the most for me till date

  21. This guy brought back my hope in Cryptocurrency, I almost gave up after the last major price deep

  22. i think most people don’t know how valuable and important Cryptos really are especially Bitcoins

  23. Thanks guys for sharing this information here, I really needed a new source of income right now

  24. I’m really interested in this Crypto thing but honestly I don’t know anything about it. I’m willing to learn it though because I know some folks who has been profiting from it

  25. it’s kind of complex man, you just have to find yourself a good broker if you really want to get something out of it

  26. Why all big crypto channels are talking with such an enormous excitement about a minor percentage gains of Bitcoin while cryptos like for example Monero are making big percentage gains? Can you explain that? I’ve been hearing about this mythical huge Bitcoin gain in the last 3 years and while putting money in Bitcoin we miss other great opportunities. I think Bitcoin topped in 2017 and if we want to get some monstrous gains we should look at altcoins. I think Bitcoin’s overestimated while some altcoins are definitely underestimated.

  27. @Timothy Willems Best not to upset the CME, they have ben very good to us. Better to let the SEC know we don’t like leaving gaps and re-dump for them. They can approved the BTC ETFs if we do.

  28. I love the fact you specified that this is not a get rich fast scheme

    crypto currency is also a nice way to invest $1000 and change your life.

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