ExecutiveBurrito (@execburrito) 's Twitter Profile
ExecutiveBurrito

@execburrito

40yo living in his parents' basement. Send nudes.

ID: 164372891

calendar_today08-07-2010 18:29:09

107 Tweet

49 Followers

147 Following

ExecutiveBurrito (@execburrito) 's Twitter Profile Photo

Still bullish. Closing a daily below the December 30 low? Okay, short/mid-term problems. Otherwise, probably just a local low.

Bill Barhydt (@billbarx) 's Twitter Profile Photo

Liquidity and interest rates... Now that the 30 yr is pushing 5% it's time to ring alarm bells. With nearly $10 trillion awaiting refinancing the US can afford these interest rates even less than homebuyers can afford 9% mortgages. The Fed has few tools left in the shed. The

Ansem (@blknoiz06) 's Twitter Profile Photo

funniest timeline is the DOJ nukes that $6B in bitcoin crushes $90k support level right before inauguration & then Trump comes out on stage and goes "we're buying it all back."

ExecutiveBurrito (@execburrito) 's Twitter Profile Photo

Had to disconnect and touch grass during the last month of chaos. Returning to the charts, it's worth noting that BTC's 1 day BBWP has been at extreme lows going on 6 days now. Doesn't happen often. Usually followed by a week or so of slow movement, then a more explosive move.

ExecutiveBurrito (@execburrito) 's Twitter Profile Photo

Just wicked to major 50% level around $79K. And 1 day swing chart has been down for 7 in a row. If the combination of major support and selling exhaustion isn't enough to stop this shit show, I don't know what is.

Just wicked to major 50% level around $79K.  And 1 day swing chart has been down for 7 in a row.  If the combination of major support and selling exhaustion isn't enough to stop this shit show, I don't know what is.
ExecutiveBurrito (@execburrito) 's Twitter Profile Photo

BTC pumps, alts pump. BTC retraces half the move, alts retrace their entire move. Repeating this a few times would be the most sustainable way for BTC to climb out of this hole. Alts get their turn when the fear subsides.

ExecutiveBurrito (@execburrito) 's Twitter Profile Photo

Last cycle the 2021 summer low touched the 2 day 200SMA before recovering. The same SMA indicated when the bull market was over (tested, failed, tested the underside, failed). BTC just touched that line today. I'm grasping at straws here but whatever.

Last cycle the 2021 summer low touched the 2 day 200SMA before recovering.  The same SMA indicated when the bull market was over (tested, failed, tested the underside, failed).  BTC just touched that line today.  I'm grasping at straws here but whatever.
ExecutiveBurrito (@execburrito) 's Twitter Profile Photo

Here we are again. Very early days but I'm speculating that if $BTC turns this long-term trend line into support, the next leg up will melt faces.

Here we are again.  Very early days but I'm speculating that if $BTC turns this long-term trend line into support, the next leg up will melt faces.
ExecutiveBurrito (@execburrito) 's Twitter Profile Photo

Wild guess: Trade war narrative is mostly over. Number goes up. Then in a few months the next panic is related to war with Iran. Just speculating for fun.

ExecutiveBurrito (@execburrito) 's Twitter Profile Photo

"Hear, O jeets: The Line our God, the Line is one. Love the Line your God with all your heart and with all your soul and with all your strength." Let us pray.

"Hear, O jeets: The Line our God, the Line is one. Love the Line your God with all your heart and with all your soul and with all your strength."

Let us pray.
ExecutiveBurrito (@execburrito) 's Twitter Profile Photo

BTC chases volume. It visits price ranges for as long as traders are willing to do business there. It moves when volume dries up. BTC had two months <90K, fueled by the tariff panic. New highs = euphoria/FOMO buyers vs double top/divergence sellers = more volume. Higher.