Technological progress is inevitable.
Any industry that creates productivity, whether AI, robotics, energy, or others, is inevitable.
No matter the state of the world, people will always buy increased productivity.
Crypto is not inevitable.
It needs to be fought for. Freedom is hard to win and hard to keep.
Like Democracy. The default alternative is not Tyranny; it's just Anarchy.
The default alternative to fiat is not Cryptocurrency; it's Panopticon or Poverty.
So you have to decide: ride inevitable productivity into unknown chaos OR.. stay and fight for freedom!
Tech has no politics.
Regardless of peace or war, communism or capitalism, democracy or tyranny, there will always be people who make things better. Sometimes a little, sometimes a lot.
People do this because it's pragmatic, not because there is a "techno" political platform.
Crypto is Freedom politics.
Crypto is inherently a political technology, designed to give people the tools to reclaim their sovereignty from the state.
Freedom is not always pragmatic, but it is always ideal.
So if you just want to be rich at all costs, go work in apolitical tech (though politics will eventually come for you).
But if you want to do what is right, if you want to fight for freedom, work in crypto.
Be right. Be free of the money system of surveillance and control.
Fight for freedom.
I'm here with you.
Zcash.
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$ZEC now en route to our $200 short target after losing the 200 SMA.
Privacy season in complete freefall. https://t.co/IaasVUVt9N
$ZEC / Zcash
Short target met at $270. Relief bouncing as expected.
Price reclaimed the 61.8% zone at $310, which was crucial in preventing a flush to the 78.6% mark at $200. But unless $330 gets reclaimed short-term, high probability it retests $270 again.
Key metric here is the 200 SMA on the daily. Consecutive closes below and I think it slowly grinds toward $200.
For the chart to flip neutral, it needs a rally to $450. That would trigger a two-level breakout of the descending trendline + horizontal resistance.
Huge corrections like this are exactly why marrying narratives in crypto is dangerous. Much easier to play the chart in front of you.
By the time you understand the incoming move, you'll understand what the narrative is about to be anyway.
#ZECBTC already had its explosive move and is now trading below key fib levels and its 200 average on higher timeframes. Structure is weaker there for now.
#LTCBTC on the other hand is reclaiming levels, pushing back above mid fib zones, and holding its longer trend support much better.
That is why I rotated a good portion of Zcash profits into Litecoin. Not chasing what already ran. Positioning for what has not yet moved.
Structure first. Rotation second. Narrative last.
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