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TrendLINEBoys
Sep 10, 2022 3:59 AM

Market Update for Weekend and Monday 

Bitcoin / DollarBitfinex

Description

When I look at BTC, the most important question I ask myself is where is the market heading and how close is it to a major inflection point (important support or resistance).

The most interesting aspect of this video is still the VIX and the possible implications of a return to ~17.10. Which is not only an INCREDIBLY strong bounce spot (trend line) from 2017-2019, but also a 25% drop from the current price. It is very possible that the horrible price action on the VIX has been leading to the odd pushing up of the market with only a few clear signals in-between the noise.

I will upload a 20 minute Crypto Alt video idea after this and link that to this idea.

See you on Sunday at 19:20 EST for the end-of-the-Week candle stream.

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