The_Clown_of_Smyrna

BTC monday 21st open

CME:BTC1!   Bitcoin CME Futures
a lighthearted commentary on current market narratives. this space is too funny.

i'd give the green and the red my coinflip odds. still banking on the wycoff spring backtest as detailed in a prior post to make this a reality, and then breakdown from there is obvious (should that occur, ill admit and 95% of traders should too, that they have alot of assessment to do at that point if they haven't already entered that short position, let alone ANY shorts for the past couple of months).

Trading Disclaimer:

All trades and ideas posted from this account, including setups, are given for educational purposes only. 95% of trades never win, and instead realize losses. Trading involves risk, there are zero guarantees that you will win any given trade, including this one or others related to it or this account. If you follow any setups, you do so at your own risk, taking full responsibility of any actions and / or outcomes. Nothing posted is to be taken as financial advice. The information and opinions presented by this account should not be construed as investment or trading advice, and is not meant to be a solicitation or recommendation to take actionable trading on any asset, cryptocurrency, securities, or any other tradable digital asset.
All content presented is for entertainment and education.
No Financial Advice.
Past performances are not a guarantee of future outcomes and or results: trading involves strategizing probabilities, there are no expectations on any given trade.
Always do your own research and consult a team of professionals from finance and law before proceeding with any type of action in personal finance.
All information provided by this account is a general market commentary and does not constitute investment advice or financial advice. None of the information communicated in this accounts tradingview publishings are financial advice and/or incentives, solicitng, advertising, manipulation tactics, and any other malicious behaviour - no, solely for entertainment purposes ONLY.
Comment:
we shall see if a sub 28k bottom will be formed before EOW, but market participants seem very bullish if they are operating with smart money.
Comment:
just viewed a clip wherin the president of the BIS (bank of international settlements)

twitter.com/THEXRPBU.../1407700031298228228

^this is a cut clip of what is relevant. this is not an endorsement of the above account and or any digital asset, i am linking it with the sole intention of quoted words so we can move on with this analysis.

now, one has to ask themselves; if corporate entities like the US government / EU have been arresting criminals over the course of however long these criminals have been using cryptocurrency, what would happen in the event that the US government sells it back to the open market.
We all seem to have forgotten about marked bills when applied to the blockchain - note that i am not saying this is the sole explaination of where price action goes, but it is an interesting factor worth noting as well.
recent boasts from federal authorities busting pipeline hackers and cyberhacking abroad (lets not forget klaus schwabb's infamous 'cyber pandemic' cost to society), lead to a conclusion that the stakes are being raised tremendously, and by extension; alot of societal pressure is being put onto geopolitics right now to adapt to an internet of value infrastructure (which is both vulnerable and in its infancy). I have seen todays announcement by France(successful cbdc securties settlement test) and rwanda, there were 3 cbdc announcements last week (iirc) from israel, nigeria, and another african country - and prior to that in the last months (again iirc) singapore, egypt to dubai remittances, we have an attempt at el salvador, wyoming deposit and transfer awarded banking charter,
It would make sense for them to either want to regulate it so that the heatbag from holding a siezed asset class doesn't make them look bad, and / or also put pressure onto them in order that they may perservere forward as a force of dominance in the space.


might have to start putting together power points to congregate all information and charting data.
Comment:
as an aside; this Mcaffee deadman's switch might have added catalyst fuel with the man's passing and subsequent fallout / rumours / token relase and so on.
Comment:
2 days to see whether elon shills his underwater bags; or if he fuds because he already filed and sold them - though i think we would have known already were this the case.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.