I have determine that there is strong support for crypto as per the rsi and hoping for a bounce. Many commentators are now saying that BTC will hit 32k but I don't think so and haven't for weeks. The only down pressure is war.
But as I have said over the months, the stock market has crashes and crypto has corrections and crypto does not follows the stock market.
I am expecting to see and seeing over the last few weeks that crypto is not following the stock market and will breakout to the upside while the stock market continues it's fall.
Gold has gone up in price as the safety net for of market crashes and war but the rsi tells me that it will correct soon and the new gold will shine through.
But as I have said over the months, the stock market has crashes and crypto has corrections and crypto does not follows the stock market.
I am expecting to see and seeing over the last few weeks that crypto is not following the stock market and will breakout to the upside while the stock market continues it's fall.
Gold has gone up in price as the safety net for of market crashes and war but the rsi tells me that it will correct soon and the new gold will shine through.
Trade active:
It seems my chart was not too far off and sentiment is growing for a long bull while the stock market is now in my opinion building a down channel. I think we will see a pull back in the near future before a up channel.
This is typical of the pumpers and dumpers who are here to make money and don't care for the real reasons of BTC and those coins that want a real future.
If you think all the disasters and the debt of the world will end well then you are a positive person hoping goods things for addicts but they are well into their demise and even if they recover then they will be a shadow of themselves.
This is typical of the pumpers and dumpers who are here to make money and don't care for the real reasons of BTC and those coins that want a real future.
If you think all the disasters and the debt of the world will end well then you are a positive person hoping goods things for addicts but they are well into their demise and even if they recover then they will be a shadow of themselves.