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VictorCobra
Nov 21, 2022 12:33 AM

Massive Selloff for Ethereum Incoming? - Video Update 11.20.22 Short

Ethereum / BitcoinBinance

Description

It's been some time since I last posted a video. You may notice a slight difference in my appearance. In this video I cover the ETH/BTC ratio and its "surprising" stability. I also talk about target levels for a breakdown, should it occur for ETH. I also briefly mention Litecoin, along with an even more brief mention of TRX and BNB - a couple other coins I've been following.

Thanks for watching!

This is meant for speculation and entertainment only - not financial advice.

-Victor Cobra
Comments
day0
Perhaps by JAN 6th things may be lower than today's current levels. After the over-consumption phase of the economy begins to suddenly slow.
day0
@ArtfulDodger1974, It really will. The under-consumption DEC 15 to APR 15 phase will really illuminate like the morning sun skipping a day; at a velocity that seems much faster than expected. I'm going to catch some of the bear-inverse action (shorting in different markets). :D
day0
@ArtfulDodger1974, If it makes one feel any better, I'm holding & short new funds. No sense adding new funds into a 15+ downtrend. :D BITI (inverse of BTC) & TSLS (inverse to Tesla) are some of my favorites right now, but they are on the stock market. PHO is one to watch for fresh water scarcity (shortages) too, but it's not an inverse for this water one. :D I just don't get too carried away with inverses [small amounts], so they don't short me one day. :D
day0
@ArtfulDodger1974, Yeah I normally don't either. I'm just using it as a temporary balancing act for my holdings. :D You might like PHO then. It's just water.
competitiveHar26327
Must be near the bottom of crypto winter…. always happens when influencers turn negative and say BTC and crypto is dead. Just keep in mind that Blackrock, JPMorgan, Fidelity, etc. are now involved in the game unlike previous times and they will have huge influences on buying pressure next bull run. BTC and crypto is FAR from dead my friend.
SwallowPremium
100% agree with you mate!
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