-TOP author on TradingView -2000+ ideas published -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -before/after analysis -24/7 uptime so constant updates
🎁Please hit the like button and 🎁Leave a comment to support our team!
BTCUSD H8: Bitcoin is DEAD until the FED in September (SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup ::: BTCUSD H8 chart review ::: compression in progress ::: limited upside going forward ::: same pattern in progress now ::: DISTRIBUTION before new DUMP ::: same setup in Q1 2022 Jan/Feb ::: Also STOCKS/NASDAQ - weak charts ::: BEARISH CHART limited upside ::: BEARS should focus on SHORTING RIPS / 25 000 USD ::: TP BEARS based on measured move 12 000 USD ::: range highs defined by 25 000 USD ::: range lows defined by 17 000 USD ::: heavy x3 rejection from overhead ::: weak structure / BEARS taking over ::: STRONG PRIOR downtrend - limited upside ::: so expect RIPS/RALLIES to get sold ::: to complete the sequence ::: near 25 000 USD ::: VERY SLOW market until SEPTEMBER ::: then expect new dump ::: recommended strategy: SHORT RIPS/RALLIES ::: BEARS TP1 14 000 USD TP2 12 000 USD ::: BEARS SHORT/HOLD at market ::: expecting short-term DUMP ::: good luck traders! ::: SHORT/HOLD and get paid. period. 🔸 Supply/Demand Zones ::: N/A ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment mid-term: BEARS/DUMP/12 000 USD ::: Sentiment short-term: RANGE LOCKED
RISK DISCLAIMER: Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
Comment
⋅
KAVAUSD D2: 255% gains THE BEST LEVEL TO BUY/HOLD(SL/TP)(NEW)
Blackrock and Citadel borrowed 100K BC from Gemini (it appears in their loan book). They swapped 25K of that BTC into UST; this was all done quietly in anticipation of the attack. When the time was right, they called up Do Kwon at Terra Foundation and said they wanted to sell a lot of BTC for UST. As it was a large trade they told him they didn't want to move the market and asked if he would like to buy their large block of BTC at a discount for UST. Do Kwan took the bait. He gave them a huge chunk of UST, thus lowering the UST liquidity significantly. At that point. Blackrock/Citadel dumped all of the BC and UST causing massive slippage and triggering a cascade of forced selling in both assets. The real problem was Blackrock/Citadel knew that Anchor, which holds a lot of LUNA, was a Ponzi scheme (they offer 20% staking APY for Christsake) and this crash would trigger more withdrawals than Anchor can repay. These forced withdrawals and selling would trigger a massive selloff in Luna, thus further breaking the $1 peg and wrecking the market further. Blackrock and Citadel can now buy the BTC back cheaply to repay the loan and pocket the difference. Meanwhile, billions of longs and Bitcoin VaR were wiped out. This was pure market manipulation.
their loan book). They swapped 25K of that BTC into UST; this was all
done quietly in anticipation of the attack.
When the time was right, they called up Do Kwon at Terra
Foundation and said they wanted to sell a lot of BTC for UST. As it
was a large trade they told him they didn't want to move the market
and asked if he would like to buy their large block of BTC at a
discount for UST. Do Kwan took the bait. He gave them a huge
chunk of UST, thus lowering the UST liquidity significantly. At that
point. Blackrock/Citadel dumped all of the BC and UST causing
massive slippage and triggering a cascade of forced selling in both
assets. The real problem was Blackrock/Citadel knew that Anchor,
which holds a lot of LUNA, was a Ponzi scheme (they offer 20%
staking APY for Christsake) and this crash would trigger more
withdrawals than Anchor can repay. These forced withdrawals and
selling would trigger a massive selloff in Luna, thus further breaking
the $1 peg and wrecking the market further.
Blackrock and Citadel can now buy the BTC back cheaply to repay
the loan and pocket the difference. Meanwhile, billions of longs and
Bitcoin VaR were wiped out.
This was pure market manipulation.