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
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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.
@JohnBat, Dude did you checked my charts ? :) It will always happen. I am the defiler of markets.
Crypapi
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@SpiryXBT, Your the J****Y of markets, trygin to steal all the attention and money you can, not in this market cowboy. Go clean houses with your imaginary lambos
SpawnyXBT
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@JohnBat, I predict the unpredictable. Now sit and watch :)
SpawnyXBT
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@JohnBat, 12h has passed. You said what not gonna happen?
PurpleCrypto
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Excellent call there. Here's my recent long-term idea on Who Do You Believe about BTC.
brett0
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In agreement with you. I also noticed a divergence on volume and price over the last few days.
Cryptotrading_France
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7350 minimum before dump
SpawnyXBT
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@Cryptotrading_France, When I refered to sheeps. I refered that all wait for 7300-7400 area. ALL. There is no GROUP, CT , TV that doesn't target the same. Can't 90% of the market be on the same side :) impossible statistically.