$XRP offered a textbook short opportunity yesterday (I am not trading it). Broke the most significant support level on the chart (blue box), rallied hard into it and failed as resistance.

$XRP offered a textbook short opportunity yesterday (I am not trading it). Broke the most significant support level on the chart (blue box), rallied hard into it and failed as resistance. https://t.co/5HmlW1wIPT

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This is Bitcoin’s Reflexivity (at least the way I like to measure it). This bull cycle HODLers are HODLing tighter; stronger feedback loop. It should give the first chart some food for thought. Reflexivity: a financial theory of positive feedback loops

This is Bitcoin’s Reflexivity (at least the way I like to measure it). This bull cycle HODLers are HODLing tighter; stronger feedback loop. It should give the first chart some food for thought.

Reflexivity:
a financial theory of positive feedback loops

https://t.co/9CvrNX6NEQ https://t.co/sYyD3wACHE

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Here’s a chart to give you an idea of the investor activity during this latest rally. Quite close to the buying activity that was responsible for snapping up the COVID white swan bottom. (That buying impulse took BTC from $5k to $9k.)

Here’s a chart to give you an idea of the investor activity during this latest rally. Quite close to the buying activity that was responsible for snapping up the COVID white swan bottom.

(That buying impulse took BTC from $5k to $9k.) https://t.co/Llffy0ES2c

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Bitcoin (BTC) $ 28,063.52 3.72%
Ethereum (ETH) $ 1,726.47 2.95%
Litecoin (LTC) $ 67.44 2.16%
Bitcoin Cash (BCH) $ 242.57 2.38%