Hi guys, hope you are doing fine. It is very unclear right now what will happen. If you have profits lock them up and wait. After stock market analysis im expecting dump at SPX and NDX which will drag evetything down. We are hitting at SPX at 1W top. We had massive rally on stocks. In my opinion SPX needs to go down below 200 MA which will drag everything down. If this does not happen like it was in 2008 the recession will not come and we are in clear bull mode. Honestly I do not belive we are in bull mode, and SPX will go down below 200 MA and test te 3000-3200$ level. If this will happen there still will be many opportunities to buy crypto and BTC. According to my ALT longs i really belive that strong projects are good to buy right now, but if BTC will go down 20% they will go down as well.
Honestly im afraid to loose profits so Im closing my positions and I will just observe the situation.
Regards from Czech Republic!
Honestly im afraid to loose profits so Im closing my positions and I will just observe the situation.
Regards from Czech Republic!