Hi guys, hope you are doing fine and have earned in shorts a lot of money. As you see my chart says a lot but I would like to bring you more information that I see. So lets start.
US30:
To tell you a little of my story I need to mention that I lost 50.000 EUR when I was learning trading. I started with crypto in 2017 and I was a total moon boy with no limits at all. BTC to the moon, ADA to the moon, TRX to the moon, and with TRX I lost huge amount of money when TRX cameback from 0.24$ to 0.01$ :D.
Back to the chart. US30 were topping same as other index so thats why I was bearish about bitcoin when I saw parabolic run. In my opinion this parabolic run was rather late compared with stock market. We need to keep in mind that people that play/trade stock market are the same people that play and trade Bitcoin. They will do the most to trick us as hell.
To trade Bitcoin you need to check a lot of things and for sure SPX as well. So lets take look.
This is what I was drawing 6 hours ago. I was assuming that will go higher to 4050 above 1D borderline but it didnt happen. We are back exactly to my minor support level. Of course I was assuming that we can go higher and then BTC will go 22500$ and my shorts probably will be lost because ALTS will be bullish as well. But the brain was telling me "man US30 is at its top, spx as well, what about DAX" ?
And DAX is topping as well. We are not bullish. Dont blame me. A lot of people will probably not agree with me, but I belive we didnt bottomed yet. We are just after ANGER and now we will decline slowly. Of course it can end in this way that the market will push Bitcoin to 25k and most of the people will say "ohh god this guy dont know shit". Nobody as crystal ball. This is just my idea, my analysis and so on...
Finally there is USDT.Dominance:
Regards from Czech Republic,
Jarek
US30:
To tell you a little of my story I need to mention that I lost 50.000 EUR when I was learning trading. I started with crypto in 2017 and I was a total moon boy with no limits at all. BTC to the moon, ADA to the moon, TRX to the moon, and with TRX I lost huge amount of money when TRX cameback from 0.24$ to 0.01$ :D.
Back to the chart. US30 were topping same as other index so thats why I was bearish about bitcoin when I saw parabolic run. In my opinion this parabolic run was rather late compared with stock market. We need to keep in mind that people that play/trade stock market are the same people that play and trade Bitcoin. They will do the most to trick us as hell.
To trade Bitcoin you need to check a lot of things and for sure SPX as well. So lets take look.
This is what I was drawing 6 hours ago. I was assuming that will go higher to 4050 above 1D borderline but it didnt happen. We are back exactly to my minor support level. Of course I was assuming that we can go higher and then BTC will go 22500$ and my shorts probably will be lost because ALTS will be bullish as well. But the brain was telling me "man US30 is at its top, spx as well, what about DAX" ?
And DAX is topping as well. We are not bullish. Dont blame me. A lot of people will probably not agree with me, but I belive we didnt bottomed yet. We are just after ANGER and now we will decline slowly. Of course it can end in this way that the market will push Bitcoin to 25k and most of the people will say "ohh god this guy dont know shit". Nobody as crystal ball. This is just my idea, my analysis and so on...
Finally there is USDT.Dominance:
Regards from Czech Republic,
Jarek