Trace Busta
@TraceBustaChart
Charting markets for financial freedom. Fix the money, fix the world #Bitcoin Find me on StockTwits here: http://stocktwits.com/TraceBusta .
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$GLD Point and Figure clears the noise and provides the signal. A nice cup of Joe to send things higher. Matching counts @WyckoffAnalysis
Nobody knows what will happen next, but the tape never lies. It shows the footprints of campaigns. Each rally shows weak demand. Until proven otherwise, this looks like distribution. This humble tape reader sees the Composite Man lightening his load. #wyckoff @WyckoffAnalysis
people loosing their minds/portfolios. dreams of lavish lifestyle turned into agony. also a range, with different volume behaviour compared to march-oct24 & nov24-apr25 range.
Look for accounts with proven experience in not only markets but life. Wisdom like this was earned through years of experience, books can’t teach it.
It’s hard to convey intent and timeframe posting on X. But from a high-level, beyond random chart posts, I like to think about everything through three main lenses: 1. The Earn - Income Most traders believe they can trade their way to wealth. I disagree. Income is the biggest…
It’s hard to convey intent and timeframe posting on X. But from a high-level, beyond random chart posts, I like to think about everything through three main lenses: 1. The Earn - Income Most traders believe they can trade their way to wealth. I disagree. Income is the biggest…
6) Charlie Munger - BTC price $425!
$BTC If you’re not identifying the pockets of accumulation and generating upside targets, you’re at a disadvantage because you don’t know how much gas is in the tank.
Insta block
See this? This person deserves to be dressed down. You are an idiot, making zero attempt to link what I have said to talking my book unless you're talking about my nearly MSTR pos of nearly 60K shares. "Let Saylor cook" -- let's break that down ... Duh I am an idiot bot who…
With all of the MSTY hype over the past 1-2 weeks, this move has extra fuel / is being fueled by the covered calls being bought back. Love to see it.
Signs that MSTR is about to rip…
🚨How to Print Your Own Stimulus Check with MSTR Covered Calls (30-Day Theta Wizard Edition)🚨 Let me explain how you can legally commit economic terrorism against fiat holders and mint income like you’re running a private hedge fund in your mom’s basement. All you need is: A…
Love seeing posts like this popping up on my timeline. Sentiment check
Shorting Bitcoin could be the most profitable way to play this bear market
Very interesting correlation
Thanks for the shoutout Bitcoin News (@BTCTN) and @graminitha1! 🙌 Just to add our 2c to the discussion: 🔹The video highlights how BTC tends to rally after Truflation (real-time inflation) drops and then stabilizes or reverses. 🔹Since early 2023, we’ve seen a cyclical dance…
$BTC Sat down to do taxes, opened one chart to ‘check the market,’ and four hours later I’m knee-deep in Wyckoff phases, labeling PSY and LPS like it’s forensic science. IRS can wait...accumulation might be complete.
$SPY These elevators down can be brutal, but this feels very similar to Aug. '11 / Aug. '15, and even the Covid crash of Mar. '20 (all noteworthy bottoms). The volume is getting to that "climactic" level and the market has only been open for 1.5 hours at this point in the day:
$BTC looks like it’s doing exactly what it should -- just a classic test of the November breakout. Nothing dramatic here. Old-school bar chart says: stay calm, structure’s intact.
I had a strong sense the market was in trouble and I covered too early yesterday when, I heard arguments suggesting "the market can't go down much anymore in modern times" "circuit breakers will never get tripped" "times have changed." That kind of complacency and cluelessness…
Time to fade the GLD/BTC ratio. Gold has achieved long term targets called out in 2023 (see pinned post). BTC sentiment feels like it’s ready to turn and has gas in the tank for $150-$160k.
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