SpawnyXBT

Nobody defies COVID, not even BTC or SPX

Short
SpawnyXBT Updated   
BITFINEX:BTCUSD   Bitcoin
It's like a beautiful concert.

To watch out of this movement. Anytime soon they pass the COVID BILL, SPX will DUMP and BTC will follow like an loyal puppy to the legacy market.

No decoupling, nothing. This is not a BANK Crisis, this is a health CRISIS. Total different scenarios in which economies are effected everywhere and on any asset.


As a full time contrarian , when the heard of sheeps run into ONE direction. I walk into the other one.

Technical
  • Double TOP on Bitcoin
  • Maxed out Money Flow Index 2 times that is now in a bearish divergence.
  • Overbought & overpriced considering GLOBAL situation.


Defiler of Markets is back :)
Trade active:
Stop loss a bit tight. You can move it to 7100$ to be certain of any SCAM WICKS.

Safe for scam wicks 3x/5x.

10x might get you liquidated in one wick then market resumes to dump. Basically going for liquidity pool.
Trade active:
So far so good it follows pattern.

P.S: New news :) Hashrate dropped by 30%-35%


insights.glassnode.c...fficulty-adjustment/

This has been by far the largest ever decrease in absolute hashing power in the history of the Bitcoin network
Trade active:
Woke up and seen how these fuckers wanted to AIM for my 7100$ stop loss updated in text above.

I felt this sneeky bastards :D

Now lets make more $$ <3
Trade active:
Come to your papa at 5800-6000$ I know you want it .

Show these sheeps who is your real daddy.
Trade closed: target reached:
Target reached :) 100% profit. G.G!

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