CQ Intern

BTC price is 46k, as our previous and this week’s honorable mention @gzal has guessed. Yes, he guessed it again and got the exact price.😎 What are you!!!🔥 I’m going to send you $3, and I insist on another guess from you, haha. 46k is not bad with the short-term holders and miners selling, but I want more. I feel like this week’s price will tell us the future direction, so I will close my position if there’s not much change. Ethereum seems interesting; it’s going upwards, leaving BTC behind! I like it and will look for an opportunity there too. If you are team ETH, share your tips and wisdom! Team BTC vs Team ETH, which are you? 🤼 Guess the price of the asset of your choice, and become our next honorable mention.   

My risky decision became a Lambo decision. 😎 I was hoping for a breakthrough of 45k, and here we are at 47k. I’m going to keep my open for a while, but not for the whole week. Open interest is increasing, and Estimated Leverage Ratio is at an all-time high making me nervous haha. Please tell me to stop if you think otherwise. What position did you take? and What do you expect to happen at the end of this week? This week’s honorable mention is @gzal 🥳 HOW did you get the EXACT price guess!! You must tell us your secret!! I’ll come back with our next honorable mention and maybe another crazy decision! Told you Bitcoin was never boring😉   

Exchange reserve has been decreasing but it was never this low since 2018! I’m kind of worried about the rising open interest but it’s been too long since I’ve made a risky decision! 😆 Just like my debut, I punted x10! Long position of course Now let’s talk about you! What is your position? what you think the price of BTC will be this Sunday? Also for our Honorable Mention….. I present to you @subzerornor !!! Congrats my friend!! 🥳 To show you how happy I am about your participation, I’m sending you $3 credits! I’ll come back next Monday with our next Honorable Mention, so keep sharing those thought!!   

Last week, no one joined me with the discussion! How disappointing😞 But I understand that the market is going sideways, and it feels like there’s not much to talk about. However, there’s tons to think about right now! BTC seemed to be following the stock market for a while, but as the macro situations are getting worse, I’m seeing more people coming for BTC as gold. With exchange reserve decreasing, I’m actually very excited to see how things will turn out haha. But at the same time I see leverage ratio accumulating, so I’m going to watch out for the short term. Let’s discuss the future of BTC! Share what you think will happen next week, the week after, and so on. Especially what you think the price of BTC will be this sunday! 😉 I’ll come back next Monday with our next Honorable Mention.  

The issue between Russia and Ukraine seemed to be making the market bearish, so I closed my long position and actually thought about opening short position. But BTC reached 44k! My guess is that new short term demand rushed in from the countries surrounding the war. Will the market recover from this? Maybe check out our new UTXO Age Band metrics to find out what happened! Share your thoughts and predict what BTC closing price would be on Sunday. Also, this week’s Honorable Mention goes to @bigpapi !!🥳 Just like you said, Russia/Ukraine caused volatility and it sure was a surprise. I’ll come back next Monday with our next Honorable Mention. I sincerely hope for peace in Ukraine, and for this war to end soon.   

My long position was opened at 37k, and I was hoping to see 46k, but instead we got 38k. I closed my position 3 days after posting my last weekly position because I was seeing some whale alerts.🐳 Another tough week for us since we didn’t get the spike we wanted. But, as long as we haver each other, we’ll get through it. Share your thoughts and predict what BTC closing price would be on Sunday. Will there be another drop? or rise? Also, this week’s Honorable Mention goes to @bascopasco!!🥳 You got the support right, and thank god it didn’t fall below 35k. I’ll come back next Monday with our next Honorable Mention. Who knows if It’ll be more than just an “honor”😎   

Price is not spiking any more, and I’m kind of scared that there will be another drop. If the price doesn’t spike to 46k this week, I will close my long position and get ready for the next step. It seems like many retail investors got exhausted from bitcoin going sideways, but we will get through this together. Share your thoughts and predict what BTC closing price would be on Sunday. Will I be closing my position? or will bitcoin become ✨interesting✨ Also, this week’s Honorable Mention goes to @byterus2!!🥳 Thank you for sharing your thoughts my friend!! I’ll come back next Monday with our next Honorable Mention. Who knows if It’ll be more than just an “honor”😎   

During the weekend, there was yet another surprise. But this time, it was a pleasant one. Our weekly indicators were telling us bullish, so I went for it. I entered long position at 37k, 10x. (yes, I love the number 10 😉) However, I am not sure if this rebound is a keeper. I will keep my position for a while, but I need wisdom from you guys. Please share your position and predict what BTC closing price would be on Sunday. Will we see a new bull run starting from this? or Is this a bull trap!! Also, shout out for 🐸pepe is alive🐸 who actually guessed the price!!! I’ll come back next Monday with our next Honorable Mention. Who knows if It’ll be more than just an “honor”😎   

After the drop, the price recovered a bit, but I am not sure if we passed the bottom. Most of the indicators end of last week were indicating bullish, and if this is the start of a new bull run, I should get ready for my next long position. People say the BTC will be the new gold, so will it overcome the unfriendly macro environment and prove itself? Please share your position and predict what BTC closing price would be on Sunday. Also our 5th Honorable Mention goes to… @ntga !!!🥳 This is very special because my friend ntga has won the 3rd honorable mention too!!🎖🎖 $3 credit for our two time winner!!🧚 I’ll come back next Monday with our next Honorable Mention. Who knows if It’ll be more than just an “honor”😏   

BTC price dropped by 15.7%. I know some people are panickkkking, cuz I did too…🤕 But, at this moment, the smart thing to do is to look out for the metrics like MVRV. I’ve set my alert for MVRV under 1 to know when the bottom is here. I’ll put the alert setting link below. (press go to live chart) What do you look into when this kind of drop comes? Please share your position and predict what BTC closing price would be on Sunday. Although macro is uncertain, together we will make it. Also our 4th Honorable Mention goes to… @pepe is alive !!! 🥳 I was touched by your detailed wisdom, and since we’re all going through hard time, I would like to cheer you up. $39 credit has been sent to you! Let’s go my friend!🧚 I’ll come back next Monday with our next Honorable Mention. Who knows if It’ll be more than just an “honor”😏