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This would make complete sense with a rising DXY and a financial market pullback. I'm not saying this is going to happen but to me, it seems very possible and if we do get a break in market structure it will become probable IMO and I will be playing this to the downside.
I'm still not sold on this being the bull market yet I have been saying this since March 2019.
I'm really starting to understand the ebb and flow of markets and how they affect each other. It took about 3 and a half years of adding analysis from DXY, SPX, Gold, Silver, Treasury Bonds, the list goes on... I see this Gap getting filled at around 9700-9800 and I'm still not sold on this bull market yet. I know the moonboys are gonna say but we broke a...
This is going to be a massive/fast move down. All the moon boys will panic because they have been primed for a $100 000 coin by their favorite YouTubers.
Also, I'm expecting the CME Futures gap at around $9700 - $9800 to fill.
In the back of my mind, I keep hearing the financial big wigs like CME Groups Leo Melamed saying "We will regulate, make bitcoin not wild, nor wilder. We'll tame it into a regular type instrument of trade with rules."
If BTC pushes out of this splash zone we are going to rip up IMO My target is $13,878 if it breaks my trend line and resistance box. There is very little overhead resistance so this is something I'm watching closely.
I was just marking up my charts when it hit me they all the look the same. This looks like an organized effort to prop the markets up orrrr... Knock em down I'm seeing real economic warfare playing out IMO.
I've been in the markets for years now and the charts speak to me I NEVER read the news but could tell you exactly what the news was by a chart and this is...
Silver historically has followed gold so according to this chart we should see a massive spike in silver over the next couple months... Past performance is not indicative of future results but this is as close as it gets.