Crypto thread

Atom needs to break out of this range 

Atom

Doge had more trading volume today than the entire crypto market had on an average day in the last bull market

I think buying this 40% dip in DOGE will be profitable.

New retail panic sells and watches it recover 20%+ before buying the top again.

Buy at 0.45, sell at 0.55. No leverage. 

For the record I can’t stand Doge and XRP 

Sell Doge here at .54

Thanks 

Nice to see my dear friend Tom Brady getting into Bitcoin 

https://twitter.com/tombrady/status/1391746521381617667?s=21

ETHEREUM less than $10 away from reaching $4200 mark just few mins ago........

Who all is riding this wonderful rocket up?

Leveraged long bitcoin from $55,150 

Rumor: 

Facebook will announce they hold Bitcoin on their books at their annual shareholders meeting on May 26th

A blockchain platform with long-time backers including billionaires Peter Thiel, Alan Howard and Louis Bacon will launch a crypto exchange

https://www.bloomberg.com/news/articles/2021-05-11/thiel-backed-block-one-injects-10-billion-in-crypto-exchange

Leveraged long Atom from $24.60. Stop loss at $23.50. 

Need the markets to turn around 

ETH has been doing absolutely amazing going back a month from today and we haven’t seen it have a 20%+ correction, I just feel maybe a correction of 20%+ is coming in the near future, it’s hard to imagine it keeps going up without any 20%+ correction.  I sure hope I’m wrong on this and we will just see ETH continue going a lot higher and higher with just small little 5-8% dips along the way and continue setting new ATH.  I just don't think these 20%+ correction or type of volatility is gone from ETH, again hope I’m wrong.  If we do see ETH have a 20%+ correction in near future like I expect, I’m sure most of the other altcoins will dropped significantly too.

Closed atom long at $26.10 

and Bitcoin long at $56,330 

Added to my atom stack 

ETH runs usually lead to alt seasons. We’ll see what happens this time. 

All in Atom 

“5-6 years ago I said crypto was a solution in search of a problem," says Stan Druckenmiller. "The problem has been clearly identified. It is Jerome Powell and the rest of the world's central bankers. There is a lack of trust."

— Druckenmiller today on CNBC 

“In the 2017 bull run, the first altseason was around June. Everything is lining up for history to repeat. I have a good feeling about the next couple of months.” 

— @SecretsOfCrypto 

U.S. consumer prices rose 4.2% in April from a year ago, faster than expected

https://www.cnbc.com/2021/05/12/consumer-price-index-april-2021.html

“Things are about to get interesting.” 

— Barry Silbert 

Agreed. The entire world is waking up to the hyper inflation and out of control spending taking place by central banks. 

Pretty sure this price action right now is the big players trying to shake out the little players. 

Don’t get shaken out. 

Stock market has been ugly last few days and if this is a start of big stock market correction, it will eventually affect the crypto market negatively as well.  Like I said I still think ETH will have a 25%+ correction in near future and that will lead most altcoins to have a correction too, again hope I’m wrong.

Vitalik donated $1 billion worth of crypto to India Covid charity 

Dumped the hell out of Shib and Akita