Global trend is pushing too much pressure on Bitcoin right now, hence BTC would pressure other alts.
What's happening right now:
Signs of retracing/crash:
1. CFDs on Gold are falling hard (looks still bearish)
2. SPY is aiming to 100
3. Silver is similar to Gold, both of them were signals weeks before big crashes on the market
4. Housing bubble is again insane right now (not only in the US)
Gen-Z should work for 30 years straight just to buy a house without paying mortgages and being slaves to the banks
5. Gov. Bonds are falling
6. Commodities are falling too
Plus, Matic is still sitting on massive gains, a lot of people still believe in bullish trend reversal
My goal: 0.52 - 50% , 0.31 - 25% , 0.22 - 25%
Be careful and don't be greedy, it's just my POV on things.
What's happening right now:
Signs of retracing/crash:
1. CFDs on Gold are falling hard (looks still bearish)
2. SPY is aiming to 100
3. Silver is similar to Gold, both of them were signals weeks before big crashes on the market
4. Housing bubble is again insane right now (not only in the US)
Gen-Z should work for 30 years straight just to buy a house without paying mortgages and being slaves to the banks
5. Gov. Bonds are falling
6. Commodities are falling too
Plus, Matic is still sitting on massive gains, a lot of people still believe in bullish trend reversal
My goal: 0.52 - 50% , 0.31 - 25% , 0.22 - 25%
Be careful and don't be greedy, it's just my POV on things.
Trade active:
Slowly retracing to support on 1$ if breaks then 0.94$. If that breaks too then we would see a massive fall, volumes are not supporting price until 0.6 range
Comment:
Currently holding on a support, looks weak still. If BTC pumps higher than 40K it would be a signal to continue longing all crypto assets. My short is intact, loose stop 1.31