TradingView
SwissMail
Sep 26, 2022 9:56 AM

Be Ready for Capitulation!! Short

TOTAL-USDT-USDCCRYPTOCAP

Description

This is it boys
We had our bear rally
We had hopes of inflation easing and war cooling down and eth merge

Things only got worse...
So which way is this range going to break?

as we sit at the bottom of the range and observe various alts making some unusual pumps, finally btc has moved up in a short squeeze

Big red flags the crypto macro charts
- big spike down on on USDT+USDT caps - as seen at the end of the previous range indicating some semi-permanent outflow of capital
- btc .d spiking up sharply - also seen at the end of the previous range as btc pumps to stop out any shorts that wish to ride

I see nothing bullish about this setup and PA
Comments
SpyMasterTrades
I was seeing those market cap moves as well and was wondering if I'm the only one on here worried. I think all the elements are in place for a major capitulation event to unfold. My charting suggests it will begin as early as this week and as late as around the end of the month. If the cycle multiples chart is an accurate predictor, Bitcoin may undergo an especially rapid decline in the October 26th - November 1st range.
UnknownUnicorn17656915
Capitulate, don't player hate.
SwissMail
@good_will_stonking, Capitulate deez?
PumpyDumpy
preach Mr Swiss
More