Avenger Call – 26 Mar 24

00:49: Overview of recent Bitcoin price action including a pullback and bounce.
01:22: Technical analysis of Kaspa showing formation of a potential double top pattern and downtrend. Fall of around 6% noted.
02:47: Technical analysis of BitTensor showing potential head and shoulders pattern formation with neckline at around 560 level.
03:50: Recent member hack involving sophisticated engagement and malware installation allowing account draining.
07:02: SEC indicated to delay futures ETF to end of May potentially impacting spot ETF approval timeline and Ethereum price action.
08:29: DOJ charges KuCoin with money laundering violations for insufficient KYC within US.
10:33: Technical analysis of Dogecoin showing fractal pattern from 2020 potentially playing out again with move up possible after 151 week cool off period.
12:40: Icarus flying too high and ignoring warnings analogy for potential Bitcoin risks given parabolic rise.
15:06: Unprecedented 7 month run of green candles on BTC monthly chart, something never seen before in its history.
18:10: ETF buy pressure turns off through reduced purchases, immediate 18% correction occurred but buying returning in last couple days.
20:04: Fear and greed cycles and comparing current bull run to past cycles.
23:34: Stochastic RSI and momentum remaining high without sufficient cooling off periods.
26:47: Potential issues if market continues rallying without pullbacks to cool off indicators.
30:47: Buy cycle indicator and how it correctly predicted past cycle tops.
37:19: Most are in it for the money, not tech, so need to realign exit plans if cycle is truncated.
38:00: Keeping some BTC long-term regardless of cycle top for portfolio balance.
39:25: Linking hardware wallet to Tau wallet?
39:42: Use old smartphone as offline cold storage hardware wallet.
43:15: The subjective metrics used to score coins in the portfolio including memeability, market penetration, announcements, roadmaps, and more.
48:40: Thoughts on using Tao Bank to borrow against wrapped tao on Arbitrum.
53:18: Walkthrough using fibonacci levels and past price levels to identify profit taking levels for DOT, CAS, and CUBIC as an example.
58:14: Setting profit taking levels for ROW using similar methodology.
01:03:31: Fetch token and applies Fibonacci retracements and extensions to analyze price levels.
01:05:03: Analyses Kaspa price and applies extensions to previous bull market high to determine a potential target of $2. Notes this would be a 14x from current price.
01:06:10: Selling remaining HBAR holdings as not following as closely and wants funds available to invest elsewhere.
01:18:33: Analyzes Bitcoin price chart and notes that it has held above previous all-time high which indicates strength.
01:23:08: Resistance level for altcoins that could allow Bitcoin dominance to rise again if broken through.
01:26:03: Wrapping up Solana positions that were opened in December for upcoming airdrops to free capital.