Monero has been in a 9-month+ up-trend against Bitcoin.
People are starting to realize L2 solutions are fundamentally flawed, and using Bitcoin is like shitting in a glass bathroom.
If we can close above the 200W SMA, expect to see some serious shit.
"If Bitcoin is a hedge against the dollar, Monero is a hedge against Bitcoin."
People are starting to realize L2 solutions are fundamentally flawed, and using Bitcoin is like shitting in a glass bathroom.
If we can close above the 200W SMA, expect to see some serious shit.
"If Bitcoin is a hedge against the dollar, Monero is a hedge against Bitcoin."
Nota
re-testing 200W MA. it would be insanely bullish if this held.Nota
dipped under briefly, but bulls weren't swayed. how could you be, with the fed discussing non-anonymous CBDC...
Nota
crabbing at the 200W MANota
141,000 bitcoin are set to hit Kraken, the only US exchange with XMR/USD and XMR/BTC pairs, in 2023. Here's a thought experiment: how much liquidity is available on kraken, and what would the price of monero look like if even 1% of these coins flowed into XMR/BTC?
if you lost coins on Mt. Gox, 99% chance you were a tech nerd or a drug user (or both) -- no laser eyes.
Nota
People are starting to hedge their bets, and it shows. I think 0.01 is closer than we think.Nota
5th consecutive green week would be awesome, but surprising. I think 200W MA is a buy if we re-test.
Nota
happy new year!Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.