HALLOOOOOO!!!! WTF IS GOIN' ON?!?!?!?!? I HAVE NO CLUE!!!!!
Its been no secret....I'm short on BTC....so sue me. I think I may have a reason that goes "Beyond Technical Analysis" (said in faux deep voice). I was looking at that parabolic rise in the BTC moon mission and I was thinking to myself, "Way to miss out Krod, you had to HODL, huh?" And then it came to me...I could've SODLed at the top and just bought back in later, which I also didn't do......because 1. I have no clue what I'm doing and 2. MOON.
Anyways, some suits pushed out news that they were going to start trading BTC futures on the CME and then the mother of all pumps happened. Not just in BTC but across the crypto board. I've done some actual diligence here and went and found the expiry dates of the current BTC futures contracts, well three of them at least. And the one that struck me the most was the one that opened for business on the 15th of Dec. If you opened up a short on that contract man oh jeez...can anybody say "Money Fights?"
Anyhow, because I don't know what I'm doing I made some lines that correspond with recent prices and made them all different colors and ignored candles, who needs those anyways when you're going meta? And what is left is the painfully obvious fact that the same suits that got the CME to buy off on BTC futures are the same suits that opened shorts on the June contract and those suits are going to make like 230% or something crazy like that.
Also, I figure that because the price hasn't dipped below the trend line in a while I'd go ahead and drop that in there. I see new lower lows inbound. At least until that June contract expires which may cause a huge dump down in an effort to absolutely wreck the "MOONING NOOBS" forever zooming in on 5 minute charts in an effort to find some indicator or pennant or whatever.
I hope this helps some of you but only some of you, if you like it awesome. If not....well....I don't really care. I don't and won't ask for likes because charts are silly and you should probably go get some sleep, which is the only thing I recommend.
Its been no secret....I'm short on BTC....so sue me. I think I may have a reason that goes "Beyond Technical Analysis" (said in faux deep voice). I was looking at that parabolic rise in the BTC moon mission and I was thinking to myself, "Way to miss out Krod, you had to HODL, huh?" And then it came to me...I could've SODLed at the top and just bought back in later, which I also didn't do......because 1. I have no clue what I'm doing and 2. MOON.
Anyways, some suits pushed out news that they were going to start trading BTC futures on the CME and then the mother of all pumps happened. Not just in BTC but across the crypto board. I've done some actual diligence here and went and found the expiry dates of the current BTC futures contracts, well three of them at least. And the one that struck me the most was the one that opened for business on the 15th of Dec. If you opened up a short on that contract man oh jeez...can anybody say "Money Fights?"
Anyhow, because I don't know what I'm doing I made some lines that correspond with recent prices and made them all different colors and ignored candles, who needs those anyways when you're going meta? And what is left is the painfully obvious fact that the same suits that got the CME to buy off on BTC futures are the same suits that opened shorts on the June contract and those suits are going to make like 230% or something crazy like that.
Also, I figure that because the price hasn't dipped below the trend line in a while I'd go ahead and drop that in there. I see new lower lows inbound. At least until that June contract expires which may cause a huge dump down in an effort to absolutely wreck the "MOONING NOOBS" forever zooming in on 5 minute charts in an effort to find some indicator or pennant or whatever.
I hope this helps some of you but only some of you, if you like it awesome. If not....well....I don't really care. I don't and won't ask for likes because charts are silly and you should probably go get some sleep, which is the only thing I recommend.