Income$harks @lcomesharxk
Stock, crypto, and market education, analysis & predictions. Be careful of impersonators. Free newsletter @dailytradr m.youtube.com/@IncomeSharks CryptoWorld Joined November 2010-
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#Bitcoin - The March prediction is complete! Every line drawn on here was back at the beginning of March and we finally hit $80k.
Stock market needed a day like this. The everybody is a genius screenshots were getting really high.
Going to put this out here again. 800k, 900k, 950k. That's as good as having a million dollars. People are so obsessed with the clout and screenshots of chasing one more zero they often lose an entire zero. Many in the stock market haven't learned this from trading crypto.
Going to put this out here again. 800k, 900k, 950k. That's as good as having a million dollars. People are so obsessed with the clout and screenshots of chasing one more zero they often lose an entire zero. Many in the stock market haven't learned this from trading crypto.
Why doesn't it feel like a bull market? Because so many popular accounts told you to buy into this ecosystem then to buy into this chart multiple times. Go count how many times they said it was bottomed. Then go see how many times they roasted $ETH from $2,000 to $1,500.
Prediction markets still very confident Bitcoin hits $125k this year. Almost a 86% chance.
$HOOD - Up almost 3x YTD. That's insane and if bulls are complaining about a pullback they are absolutely greedy and delusional. If you are really bullish you'd sell here and pray there's a dip to get a bigger position.
Stocks dip and all the panic selling happens in crypto.
Probably at least one of these S&P 500 gaps fill before it continues back up. Everyone trades the markets so polarizing where you either have to call for a 50% crash or for some 100% face melting rally. The truth is in the middle of the absolutes.
$BTC - Put away the wild bear fractals and wild bull price targets. It's much easier to take it month by month. A range seems most likely, let the bulls and bears battle it out for a while. Squiggles helping to filter out the noise.
A month of ranging and doing nothing can cause people to lose just as month from overtrading as a month of bleeding. Volatility at least brings opportunity.
$PLTR - It's still up 830% from 2024. It was hands down more profitable to be a delusional bull this whole run up. But those not realizing gains are missing an opportunity to play the correction and double dip. What worked on the way up doesn't work on the way down.
$HOOD - Great stock, great company, great long term hold. Nothing goes up forever though and that's a pretty obvious double top re-testing a trendline that has a high chance of failing. Great opportunity for bulls in cash wanting to add more or those hedging.
$ETH - Supertrend supports have made for great buy zones when it's in a bullish uptrend. This is where the buy zones come from.
Imagine trying to explain to someone that Crypto is at an all time high and the sentiment is not only bearish but people's portfolios are crushed.
Some may not be ready to admit this yet but most will look back and see the damage that meme launchpads did to crypto. Portfolios and conditions would be a lot different.
Correction and dips are opportunities, real bulls do not fear them they wait for them. Here's returns from just the April lows of some popular stocks/crypto: $HOOD: 280% $ETH: 240% $PLTR: 185% Almost 3x and 4x returns in 4 months. With liquidity.
$SPX - Unofficial delusion index chart showing people have stopped believing in something. Sentiment has really turned fearful this week. Wonder what an $ETH ATH high could do to this chart though.
A lot of stock market people are ignoring the fact that when they take profit they have the luxury of parking their money in 4.5% APY markets. You can get paid money to take profits, take advantage. Risk free returns are pretty awesome.
$NGVC - Who would have thought the boring grocery store trade would be the stock that's green today.
$NGVC - Who would have thought the boring grocery store trade would be the stock that's green today. https://t.co/RacyhzVn52
$VIX - Makes the stock market sell off just look like profit taking. Probably some de-risking for people afraid of Fed Minutes and Powell speaking Friday.
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