illuminating_trade

warning btc reached to top just now

Short
BITSTAMP:BTCUSD   Bitcoin
I was hoping that btc could bounce backto 18000 around.

it is likely go to the downside again from now on.

MACD is dramatically weakened since Chairman Powell's interview.

It means all stocks and crypto used last money to bet the upside final call yesterday.

I see no more upside but only downside to 12500 with strong support lline.

I might wrong but it is dangerous now for sue.

Comment:
ya all check my previous analysis of BTC also.

I was quite accurate.

only the result survives here.
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good luck traders
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where is missing billions of FTX?
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US job report is very positive. What it means that FED will raise interest rate 75bps. Short is getting stronger
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Going down well
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zero sum game has started
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top means top
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CPI data was good.

However, the market momentum has changed since the last interview of Jerome Powell.

So the bad cpi means bad. not good anymore.

My view is the same and I also told that 18000 could be the top also.
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bear
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FOMC was super bearish. my view is solid
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real downside will open after friday after option expiration date
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nicely going down ! hurrah
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Do not trade for the upside. more danger is coming
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Do not afraid. it is bear time still.
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check out my previous analysis also to learn
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bitcoin is currently very bearish. beaware trading
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fake bullish pattern again
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