Hi traders, hope you are doing fine. Most of the brains are probably very hyped right now and saying that we are mooning, but in my opinion we should SELL right away as much as we can. This will fall in my opinion because its very over extended pump with no reason. SPX still didnt forced 4000$ with high volume and we didnt crossed 1D borderline. If stock market will fall BTC will fall as well. If you want to earn a lot of money just open SHORT POSITION at 21k with tight stop loss at 21300$ and wait. I truly belive that whales will short this bull run!. Regards!
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Im still holding shorts. Dont know why but have a feeling that we should fall to 18300$.
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Still holding shorts. Nothing has changed for me. Waiting for correction.
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This is SPX 1D chart. Basically it means that BTC rally was a little bit late. SPX still didnt forced 4000$ and 1D borderline level. I belive we will see correction. Holding shorts, might earn 10.000 EUR here.
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Of course if everything will go well and we will face correction to 18400$. If not will probably sell in the middle based on SPX moves.
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This might interest you as well. This is USDT dominance. For me there is no more steam for new leg up to 22k. Regards!
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Holding my shorts from 21420$ which was the latest new entry!
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This is very interesting to watch. Seems like BTC is a little bit stronger. I assume that we can hit 22000 - 22500$ and then we will see bigger retracement, but it can of course happen from current level. Anyway Im holding only shorts now because SPX had rally, DAX had as well rally without any significant correction. BTC followed their moves but still in my opinion we are far away from depression stage. Depression stage for me is something between 9k to 12k. This can happen only if SPX will visit the COVID breakout, so something arround 3000$ SPX or lower - still possible because war is not over and interest rates still will be high. Good luck!
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Hi guys, there is one more speculative news that can come Today and during this week. I have read in Polish and Czech newspapers that Putin might Today annouce second public mobilization for the war in Ukraine. If this will happen. Fasten you seatbelts because this will drag everything down. Regards!
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As you see, there is no reason to be bullish when whole market is giving as warning after such a rally at SPX, DAX, US30 and so. Hope that people that oppened longs at 21k will have a lesson.