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As we've been talking about for the last few weeks, Bitcoin has broken the 50-week moving average, which should likely be confirmation this week. As such this likely signals that the Bitcoin bottom is in. Here's a quick video I did and what I'm doing because of it.

I was looking into the conflicting theories out there that BTC has bottomed and is reminiscent of the 2022 bear market bottom and the early 2023 rebound versus the four-year cycle theory and needing to hit the BTC realized price to be the bottom of the cycle. But what made BTC jump above the 50w MA in 2023 was the closing of Silicon Valley Bank, driving people to Bitcoin as a safe haven. This year, I hear people trying to shout that it's the US debt passing $40T and the debasement trade, and institutional money flowing into the space is what is going to accelerate us upward. Is that enough of a catalyst to push us above the 50w MA?? I'm just not seeing it yet. Is the 4 year cycle dead? What are your thoughts?? https://www.cnbc.com/2023/03/14/crypto-rallies-for-a-second-day-with-bitcoin-jumping-above-26000.html It's interesting that this chart from BiTBO also shows a retrace to the 200w MA later this year... Do they know something we don't?? 😄 https://charts.bitbo.io/cycle-repeat/

New and joined with Defi. I read the instructions and I was able to set up my Defi wallet Kraken account and I made my first deposit and sale. However, I didn’t know if I did everything correctly.

I just made my first deposit into my new OKX wallet Lets Go 👊