xTako

xTako Updated 

Continuous ascent from 20-Mar of about 20% gain, without any weekly pullback. Weakness exhibited on 21-August. Current levels are below the August weekly close. On 26-Oct, likely to test 19233 for expiry. Price over 19233 looks temporary and a good spot to accumulate Nov shorts with targets at 18646, 17900, and 17200. 18350 Puts are also well priced...

xTako

Total3/Total took it's weekly liquidity level of 0.3 and is marching upwards. The invalidation is easy right now and the risk is low. Time to 10x long on perps and hold until as far out as possible. Doing 10x long perps twice with decent amount is the simplest way to wealth known in the history of mankind!

xTako

Nifty has always traded between 0.2 to 0.4 Gold (in INR per KG), from 2015 to 2023. This should come as a surprise to anyone since the sentiment is overwhelmingly in favor of Nifty. Also note that Nifty is now on a weekly downtrend vs Gold.

xTako

The Bitcoin Bull Market has started. Confirmation of that to me is in this chart. The previous ATH of 7.15 was faked out to the upside, took the weekly liquidity to the downside, and has now resumed the uptrend. The immediate ltf upside is at 9. But this chart looks to be heading to ATH.

xTako

Post merge, can Sol, Atom and Matic outperform Eth?

xTako

Post Eth merge, will the L1s with momentum and L2 outperform Eth?

xTako

Whatever you are buying or selling, at this time, it is only the Dollar that everyone wants.

xTako

Net Cashflows into this market have not been this negative since the 3AC contagion.

xTako

Bitcoin is produced by spending energy and using hash rate. Price is and should be directly proportional to Energy cost (approximated by crude oil cost) Price should also be proportional to the Current hash rate. Product of Hash Rate and Crude price has acted as a leading indicator in the past.

xTako

What if BTC goes back to 15K? Is BTC Gold*10

xTako

Similarities: - They went very very high relative to expectation too soon. Aug 11 was the peak for Gold. Jan 9 was the peak for BTC. - Shorts, esp the ones in odd hours, to liquidate a lot of positions at once - with an intension to move the market prices, kept coming, for Gold. What do you think?