Avenger Call – 12 Mar 24


00:14: Recent price movements of Bitcoin and Ethereum and upcoming Ethereum upgrade.
09:01: MicroStrategy purchasing more Bitcoin using a $800 million note offering.
12:16: Upcoming Ethereum upgrade called The Merge that aims to reduce gas fees.
20:26: Potential difficulty withdrawing $5 million profits depending on country and exchange/wallet used.
20:57: Estimates of BitTensor market cap and overall crypto market cap if price reaches $10,000 target.
22:03: Experience moving 5-6 figures in and out of banks with minimal issues during last bull run.
27:00: Using retail demand as exit liquidity and ethical considerations of it. Mention of needing someone to buy when selling.
30:41: Plans to take 20% profit from Near protocol investment and considerations around tax implications of doing so before or after next tax year.
35:24: Price action and resistance levels for Near protocol and consideration of waiting for conference hype before taking profits.
43:11: Process of searching for trending meme coins on Dexscreener and Twitter, then analyzing on charts to find early entries that haven’t pumped yet.
47:57: Meme coins are not for long-term holding, but rather getting in early on pumps and moving profits quickly into new projects to compound gains.
50:00: Bitcoin’s long run of green candles on the monthly chart compared to previous bull runs, a pullback is needed and likely in the next few months.
56:00: Pullbacks are necessary for market health and to allow institutions taking profits to buy back in lower.
57:26: Tao price would drop at least 20% with a Bitcoin correction but staking rewards would continue.
59:10: The risk of missing the recovery by selling is high, and staking rewards would make up for some of the drop in price over time.
01:00:04: Exchanges may run out of crypto to sell as ETFs buy up large amounts of Bitcoin daily. Exchange reserves have dropped significantly since April 2021.
01:09:00: Institutions like Grayscale don’t follow 4-year retail cycle and continue buying in bear markets.
01:13:14: Retail may not be able to buy Bitcoin at bottom of next cycle if supply is constrained. Institutions will hold for long term appreciation.
01:15:03: Taking some altcoin profits into Bitcoin instead of fiat as Bitcoin may maintain value better in next bear market due to supply constraints.
01:17:01: Poll results shown on profit taking plans.
01:21:19: Where Bitcoin price may go next using indicators like RSI and Fibonacci retracement levels.
01:25:27: Possible Bitcoin price support levels using Fibonacci retracement.
01:27:52: Technical analysis of Polkadot price action suggesting it is forming a falling wedge pattern and may find support around current levels.
01:30:05: Technical analysis of Cardano suggesting it is forming a compression pattern and discussion of taking a position in the near future.
01:31:06: Overview of Ethereum technicals and suggestion it will break above its all-time high.
01:35:28: Technical analysis of Hedera price action and suggestion of entry levels around 1.5 cents ahead of potential exchange listing.
01:36:52: Overview of Victoria VR project focusing on metaverse and VR applications along with development progress and potential investment opportunity.
01:40:07: Initial comments on Vision Metaverse aiming for Apple vision and high hardware costs as barrier to entry.
01:41:06: Key Vision Metaverse partners mentioned including Oculus, Nvidia, Intel, and Alienware.
01:43:15: Research Entangled roadmap and plans for advancing technology and integrating with hardware.
01:43:52: Entangled blockchain project launching tomorrow on exchanges with hype and speculation around initial pricing.
01:44:08: Details on Entangled being its own blockchain with an omni-chain layer allowing interoperability with other blockchains.
01:47:01: Overview of Entangled tokenomics including circulating supply, vesting schedules, and potential profit-taking after launch.
01:49:10: Plan to watch Entangled pricing after launch and potentially buy in later once volatility settles.

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