Burt Bullack (@BBullack) profile picture

I teach people how to deal with finance and emotion, with a special focus on crypto

Joined September 2022
Replying to @arrington
My favorite Warren Buffet quote: "Be fearful when others are greedy, and greedy when others are fearful!"
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Burt Bullack retweeted
I really don't understand it. How people can say that GOLD does not rotate into Bitcoin? It couldn't be clearer when you look at all the relevant charts side by side. At absolute minimum, if you don't want to say rotate, you have to accept that they take turns. Right now have euphoric metals maxis parroting nonsense about how when GOLD drops it will take Bitcoin with it and a load of other rubbish. Truly wild and retarded. What we have here are the respective charts for: - BTC/GOLD - BITCOIN - GOLD Every cycle BTC/GOLD and BITCOIN consolidate/chop as GOLD has its main rally. This was the case in both 2016 and 2021. Then, once and only once GOLD had topped, did BTC/GOLD and BITCOIN start its own parabolic run. This is so obvious and so easy to see that even the most beginner of investors can understand this. All we have right now is grave dancing metal heads and depressed crypto holders all parrotting absolute drivel, either clouded by euphoria or fear. The amount of logic and reason on the timeline is reaching an all time low. I cannot tell you if GOLD is done yet or not... But I can tell you that once it is, Bitcoin will not be following it down. People out there right now are also trying to mock this kind of data... But how can one look at this and try to mock it? This is simply an objective representation of the important info we need to see. Ignore it and laugh at it at your own peril.
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Burt Bullack retweeted
Don’t waste your time with people who criticize XRP without understanding it.
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No guarantee 2026 will be awesome for crypto, but if you want it to be awesome: - 2025 would end oversold ✓ - 3 year QT will have just ended ✓ - 2025 ends in record bad sentiment ✓ - Inflation will have just printed lower ✓ - ETF demand colliding w/ tighter supply ✓ - PMI bottoming ✓ - Global M2 at ATH ✓ - Crypto risk models sitting at cycle lows ✓ - Reverse Repo drained to zero ✓ - DXY weakening ✓ - Admin that will stimulate economy ✓ - Pro-crypto SEC ✓ Check, check, check.
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#XRP – Take It or Leave It But I AM FUCKING STAYING: If after everything happening right now and after a 45% drop from the local high, people still think #XRP is going to crash even harder right after these #ETF launches….... Then let me make it simple: I’m fucking riding it to ZERO and I am not fucking selling now. Take it or leave it, your choice. Why I’m Talking Like This Some of the big so-called “#XRPFamily” accounts have been trying to shut me up, report me, and stop reposting my content. The Shocking thing it is coming from people whom I considered family. They want to push their own narrative and ignore anything that doesn’t fit it. Go check the reposts from the big accounts on my posts, there’s NOTHING. I am a man of my word. When I say I’m not selling, I’m NOT. I’m not the type to scream “Hayya! $8–$10 incoming!” for years, then secretly sell at $3.30, and when the market shifts, pretend things changed. That’s the real drama. I won't expose names , I don’t have screenshots but I do have a friend inside one of those groups, and I’ve heard plenty over the last 2 months. A lot of people don’t want @egragcrypto to be the head of TA for #XRP, so they quietly agree: “Don’t repost him. Don’t share his work.” And for the last 3 months, my account has been stuck between 90K–91K, which is crazy because even during the bear market it was growing faster. That tells you enough. But let me be clear: Your behavior won’t drag me down to your level. I’ll keep sharing my stance. I’ll keep posting my TA. And I’ll keep moving forward. Take it or leave it, I do not care. Each one of you is a grown up Men and Women and know what you have to do.
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I'm receiving a ton of comments and messages on my #Altcoin portfolio. - You must be stupid for holding it, alts are going to zero! - You're a fucking moron for holding the portfolio! - You must be down 90%! Good state of the current market environment. Small update: I'm not selling my altcoin portfolio. Not at all. I'm holding it. We're not here to sell during hard times. We're here to sell during good times.
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Burt Bullack retweeted
Every dip, some people think it's the end of time. Time continues.
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💥BREAKING: CZ, the founder of Binance, says: every dip makes some people think it’s the end of the world. Time always moves on.
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Bitcoin is going to rally to at least $145,000 from here. And there is a 99% chance it will find at least its local bottom in the next 5 days. And this is based off of the last 7 years worth of Death cross data since the beginning of the 2017 bull run. This is hard data, not my opinion. Every time the 1D 50SMA and 200SMA cross over to the downside(blue line goes below yellow line), that is called a Death cross. And every single time it has done it in the last 7+ years, it has marked at least a local bottom within about +/- 5 days, with at minimum a 45% rally from the low. We are about to get the next death cross in about 5 days from now. Here is the actual data(some are not included on this chart due to size and clarity on the chart): 28th March 2018: Local bottom on the day it crossed at $6,480. Price went on to rally 50%. 26th October 2019: Local bottom on the day it crossed at $7,337. Price went on to rally 50% 25th March 2020: Actual bottom 9 days before the death cross at $3,907. Price went on to 17x to 2021 ATH. 19th June 2021: Actual bottom 3 days after death cross at $28,800. price went on to rally 130% to 2021 second ATH. 14th Jan 2022: Local bottom 7 days after death cross at $33,000. price went on to rally 45%. 11th Sep 2023: Actual bottom on the day of the death cross. Price went on to rally 200% to new highs. 8th August 2024: Actual bottom 3 days before the death cross. price went on to rally 120% to new highs. 6th April 2025: Actual bottom on the day of the death cross. Price went on to rally 69% to new highs. You can go and check these for yourself. Again, this is not my opinion... this is cold hard data that shows us a Death cross always marks at least a local bottom. And even if you are in the bearish camp, in every bear market it has provided at least a 50% pump before continuing to new lows. In the absolute worst case scenario, we are going nicely higher before lower. These outcomes have only happened in a bear market, which as you know, my opinion is that we are not in one. Best case scenario we rally strongly to new highs, which is my base case. And this is very strong backing of that.
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It's quite cynical, isn't it? During periods of maximum stress, in which I'm transparant and open about decisions that are important to my personal portfolio: going all-in into #Altcoins. Now, during periods of being significantly down on that portfolio. I'll receive death threats. People are angry. They yell at me. Bad names. Now, during periods of extreme positivity. We make money. Yay. I'll receive compliments. People cheer for me. People ask for advice. Are you stupid during downwards periods? Probably not. Are you wise during upwards periods? Also not. Do people understand who you are when they yell at you? No. Do people understand who you are when they cheer for you? No. In that sense, the best way moving forward is to simply carry on by doing the things that are right. Ultimately, you're either completely stupid and you've learned a lot or you're a genius and you've also learned a lot. Bottom line: I'm a simple human being, and any of the two extremes are a bit exaggerated. We should all just chill and be patient.
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$Trump ~ 🇺🇸 will remain #1 in $Crypto 🔥
🚨President Trump says: “I won’t let China be number one in crypto.” Remember, #Bitcoin is a Chinese coin, while #XRP is made in America! 🇺🇸
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Replying to @steve_hanke
What value is there in screaming this message anytime Bitcoin dumps? You have been doing it since 2017. How can you say "I told you so" when you were saying the same thing when Bitcoin was $3k?
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The Web 3 race is here, implementing clear regulations with CLARITY and GENIUS will protect consumers and ensure U.S. leadership in digital assets.
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I'm gonna reveal to you my biggest mistake during the 2017 bull run. Way more than listening to shillfluencers. Way more than allocating 100% of my net worth in s***coins. And yes, even more than not recognizing top signals. The biggest mistake I made but the one that 𝐭𝐫𝐮𝐥𝐲 fulfilled my growth was losing touch with reality. “What does it mean? Were you in some sort of a mental Woodstock festival?” Yes, in a sense. When the market goes parabolic and each refresh of your portfolio leads to a new ATH, you start losing the perception of money. Portfolio to new highs means yourself high. This means that your brain perceives 1,000$ as 10$, 10,000$ as 100$, 100,000$ as 1,000$, and so on. So you start moving that money and popping into new shiny projects underestimating the risks until the whole castle collapses. And no, there’s no Mario to save Peach from Bowser’s castle. “So it is just greed Zero..” No. The key aspect here is not being able to give value to money. 1,000$ is the average salary for an employee who works 8/9 hours per day. 10,000$ constitutes, less or more a whole year's salary. 100,000$ instead, 10 years. What you're risking to leave on the big table isn't a potential fancy Lambo or a new iPhone to flex. What you're risking to leave on the table is a huge amount of time. Time that doesn't come back if you f*** up. Time that another person would kill to have. Once the market skyrockets to new highs, learn to give value to your portfolio. Instead of watching at it in USD terms, watch it in TIME terms. I'm sure you'll make the correct choice along this bullish stairway to heaven.
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RT @JasperDLT: Het traditionele 60/40-portfolio met aandelen en obligaties is dood. Lang leve het nieuwe 60/40-portfolio.... ....aandelen…
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Finspresso Macchiato 18-06 | de dagelijkse marktupdate die je bij een espresso leest ☕️ Buongiorno! De geopolitieke storm in het Midden-Oosten heeft de markten nu toch geraakt. Waar bitcoin en de aandelenmarkten zich in eerste instantie weinig tot niets aantrokken van het geweld, zagen we gisteren plotseling scherpe dalingen. Toch is mijn verwachting dat de markt dit over een paar weken weer vergeten is, zoals we dat in het verleden vaak ook zagen. Een reden voor mij om bullish te blijven, is dat de liquiditeit ogenschijnlijk tegen de plinten klotst. Dat wil zeggen: er is wereldwijd veel kapitaal beschikbaar voor investeringen. Hoe zien we dat? - Veel succesvolle beursgangen (IPOs): denk aan Circle dat op 5 juni voor $31 naar de beurs ging en op het moment van schrijven op $147 handelt. - Credit Spreads zijn historisch laag: risicovolle bedrijven hoeven weinig extra rente te betalen tov de Amerikaanse overheid om kapitaal te lenen. Geldverstrekkers zien dus weinig risico in de economie en lenen graag hun geld uit. - Matige aandelen beginnen te presteren: de ARK Innovation ETF steeg vanaf de heffingen-bodem met ongeveer 60%. In deze ETF zitten vooral aandelen van techbedrijven met grote beloftes, waarvan nog relatief weinig is waargemaakt. Kortom: dit zijn geen aandelen die je koopt als het tijd is om risico van tafel te halen. Er lijkt nog altijd sprake van een sterk beleggingsklimaat voor bitcoin en aandelen. Mijn hoofdscenario is dan ook dat we een positief tweede halfjaar van 2025 tegemoet gaan. Met de kanttekening dat de heffingenoorlog van Donald Trump, en in mindere mate het conflict in het Midden-Oosten, wel ten koste gaan van een stukje rendement. Het ligt voor de hand dat we de effecten daarvan de komende maanden terugzien in de inflatiecijfers. Een euforische bullmarkt, zoals in 2021, lijkt mij in dit klimaat dan ook minder waarschijnlijk. Als mijn scenario uitkomt, verwacht ik een meer gematigde stijging. Tegelijkertijd blijft het koffiedik kijken. Er kan nog een hoop gebeuren de komende maanden (ook in positieve zin, denk bijvoorbeeld aan China en VS die vol het gas opendraaien om de AI-race te winnen), waardoor mijn verwachtingen ongetwijfeld zullen veranderen. Het belangrijkste is om globaal een idee te hebben van de richting waarin de markt beweegt. Dat probeer ik met mijn stukken te schetsen. Dank voor het lezen en tot morgen!
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Burt Bullack retweeted
Bitcoin is just over 16 years old. Perfect for Peter Schiff.
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So many salty replies. Good. Exactly what we want. Higher 😎
Altcoins are at the bottom. Since the bull market began at the end of 2023, the lowest the altcoin index has dropped is 14. It is currently at 14 now. Although this feels like the hardest time to hold, it is actually the safest time, because there isn't much lower it can go. When you combine this metric with the current position of $ETH and ETH/BTC, we can see that higher is coming next. Stay in the game chads.
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Going to the beach is 99% getting ready for the beach and 1% enjoying the beach.
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Prediction: The world’s biggest company by market cap will be a crypto related company in the future.
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