Part-Time Trader
@PartTimeCharts
Part-time trader, full-time chart obsessive. Ideas only, not financial advice.
🧵 on the bigger picture 1/ As 2024 draws to a close, here is a series of predictions for what next year (and beyond) could hold for markets. I've posted many of these charts before, but keen to step back from LTFs and focus on the bigger picture. Let's start with $BTC...
$DOGE and $BTC People are confused that I still believe that BTC is topping out, while also calling for upside on DOGE and LTC. Look back at 2021. The DOGE move in green happened while BTC was distributing before a major top.
New video up on YouTube now. Covers my belief that BTC is topping despite short term opportunities with alts like DOGE, LTC, etc. Enjoy! Please like and sub 🙏 youtu.be/27FQNmSxEaU?si…
And here are the "stars" since the Feb 19 top. Equally impressive? $AMZN $AAPL $GOOGL $META
Those that talk about 20+% gains forget to mention 20+% losses. Here are the gains since the top of Feb 19. Impressive? $QQQ $SPY $DIA
New video on YouTube now. In this one, I break down why I'm bullish on miners and alts like DOGE and LINK (in the short term at least!). Enjoy 👊 youtu.be/PEek5XRsZQQ?si…
$LINK Expecting this to be one of the biggest gainers in this short window of alt strength.
Some great alt long opportunities here on this dip.
JUST IN: Jim Cramer says he wants to "own" Bitcoin and ETH for his kids because it's a hedge against US national debt.
JUST IN: Jim Cramer says he wants to "own" Bitcoin and ETH for his kids because it's a hedge against US national debt.
Dear oh dear. The number of people that reply saying 'we all know this irrational, scammy market is going to crash, but not before I take my millions out in two years'. Sorry to say, but you are the exit liquidity. Very few take anything out of crypto. It's a black hole.
crash will cone after years. before that we are taking huge profits
People will be talking about BTC treasury ponzis for decades to come. Whole market is blind to what a ludicrous situation we're in, where companies issue new stock and use the proceeds to prop up the investments of previous buyers. Eventually, it'll all come crashing down.
If ever there were a top signal... What's coming will flush a lot of retail out of investing for at least a decade. Hopefully by 2035 Pomp might have more than one tie in his closet.
Retail investors have been outperforming hedge funds for the last few months. Wall Street needs to realize the game has changed moving forward
$LTC vs. $BTC Expecting something like this to play out.
People are being lured in. Once coins like DOGE and LTC take the ATHs, crypto hopefuls will feel invincible. The "I was right all along" moment hits just before they lose everything. Sad, but very likely.
This is going to be framed in my living room from 2027.
$LTC Incredibly clean distribution here. Just missing the UTAD. Short term gains, long term pain.
$MARA Glad I caught this before MARA made me look like an idiot! Too early to be bearish. Short term gains, long term pain.
$MARA Updating my chart for this one. Downside target wasn't low enough. When the time comes, I will be the biggest crypto bull in the world. And just as I am the last bear standing now, I will be one of very few bulls in 2027.
$RIOT I was wrong about miners. Some of these are going to see crazy upside over the summer. Short term gains, long term pain.
$LTC Incredibly clean distribution here. Just missing the UTAD. Short term gains, long term pain.
Consensus beliefs right now: XRP to $20 minimum ETH to $10k is conservative Altseason is here BTC is just getting started My view...a selection of alts are about to do well for a short period of time. When that's over...RIP crypto.
Pride comes before a fall.
Question for #Bitcoin bears out there: what would it take for you to reconsider your stance? If the year is 2030 and BTC is $1M a coin, are you still screaming that it's a ponzi scheme? 2040 and it's $5M? All the way to your grave, no matter what? I'm genuinely curious.
$NFLX Market has annoyed me the last couple of months, but this is still happening. Good luck if you're buying equities up here.
