We hit exactly my target at 107M and it bounced down. Right now we formed big H&S on the HTF second bottom - and I expect the price to retest that red trendline - if we manage to cross it - dashed orange line ahead. But if we don't, the fall will be brutal.
Just two squiggles crossing each other. NFA
Crypto is highly circular. It will return, but requires a lot of time for people to recover from their losses during 2020-21.
Considering poor Macro conditions, it could take longer, but the asset class is becoming more mature so I think there will be faster cycles.
Not confident that BTC will reach ATH after losing...
As expected - Crypto is outperforming stocks until it will reach the red trendline - from there either a breakout and start of a crypto bull run, or a bounce and further descending triangle creation.
Bullish till it touches that trendline.
The double bottom is playing out, it will go for a retest of the first red trendline - from there we will judge where we go - if we cross - crypto's relief time! Stay tuned.
FTX Caroline unloaded spot today high on adderal
Enemy of our lows
Worst case does 100B leave in an event
praying lows hold
Skeptical until cash bid side flows in
War chest has been partially deployed
Navigating risk of Jane street alum shorters
I will not die in battle
cash is trash but strong not even net long yet
have cash & equity to weather WAR Times
Crypto is trying to hold the area it is in compared to stocks - holding the support and trying to form a double bottom - Too early to say it is successfull, because fear is still out there - but it is a really good spot to start DCA'ing into Crypto as there are high chances of bouncing up even stronger that stocks will - and that is mainly because when investors...
Whenever ETH market cap approaches 50% of BTC market cap, the BTC-ETH plot in yellow, there is a sell off. However, in recent years ETH has been holding up better and gaining ground on BTC. This means money is flowing from BTC into ETH. As BTC-ETH nears 0 we should finally see ETH break out above it. Perhaps even this time! However there should be more pain in the...
BTC is showing a bit of strength compared to stocks - we haven't bounced as planned yet - but the price of Bitcoin is ranging when SPX was falling - therefore Crypto seems to handle this area pretty well. Expecting a push to the upside for stocks - which could trigger a stronger response for crypto - as per this chart suggestion. All indicators are either low or...
heres my 2 or 4 hour chart for bitcoin over the next while---or atleast till this trend runs dry----lol im going long again---still have 8 longs open currently----so market has to turn around either it be bullish divergence or what I am trying to run currently..... #bitcoinath
BTC is still slave of stocks - or even worse - But it may be because of the trend line restest here on the chart. Other than that - many hidden bullish divergences and I expect Crypto to come alive to retest the daily 200 ema in the near future. DXY, SPX, VIX and BTC analysis agree with this perspective aswell.
BTC 15 min time frame looks good for short as the trend is bearish so looks so good and also look for reversal if it breaks for upside might give up move also but however the overall all markets are down so impact will on BTC also so look this watch this in 5 min time frame for target and stop ;loss
Here as expected - we keep pushing up - Stocks are rather consolidating, but crypto is pushing up. We just crossed the descending trendline after bouncing from the bottom. Seems crypto want to make up a bit last falls compared to stocks and push up a bit. This chart needs to keep rising in order to see a relief in crypto.
