CRUNCH!
A lot of bearish patterns taking place.
I wrote in a post prior about hitting the 21 EMA on the weekly @ 48k and was still bullish.
But, coming from someone I have come to trust, these signals and the fact a lot of retail traders (Not all of them) at the moment seem unable to process the possibility the market may be turning bear screams to me that the greed has set in.
I think rugs will be pulled. Soon...
For me, I'm all cash waiting on the sidelines.
1st target is 48K
A lot of bearish patterns taking place.
I wrote in a post prior about hitting the 21 EMA on the weekly @ 48k and was still bullish.
But, coming from someone I have come to trust, these signals and the fact a lot of retail traders (Not all of them) at the moment seem unable to process the possibility the market may be turning bear screams to me that the greed has set in.
I think rugs will be pulled. Soon...
For me, I'm all cash waiting on the sidelines.
1st target is 48K