Everyone is waiting for 8K .
Bears & Bulls are waiting.
Either to take profit or take short, everyone eyes are on the same target.
Currently we have a ratio of 70% longs and 30% shorts across derivates platforms.
Halving meme of 8K - 9K keep brining hope to HODLers
Bloomberg compares Bitcoin with Gold, in which case is another sell signal as they need...
Why my previous shorts have failed? Because I did the analysis on weekend when S&P didn't worked so it was all BTC work. Kudos for high stability so CME won't open on Monday with gap, thus those huge spikes.
Now since Monday we started to PUMP because uncle S&P started to PUMP also with a wooping 4%+ without stopping for a correction. Today I've notice S&P is...
Since my chart never had an explanation in this one I've provided a few points.
I am still short. I still consider this a very weak structure, without volume on no exchange. Bitmex lost over 400 million $ in open interest. Claim suit again Bitmex, Binance, etc. (scams goes down).
I am still weary of my position. A bit yes, only because of thin order books &...
Are you ready?
There is literally no reason or usage for Bitcoin to be over valued.
Currently 30-40% miners already unplugged and today there is a 14-15% drop in difficulty in Bitcoin network.
Transactions dropped under 300k per day and continues to drop.
Activity is only between...
It's like a beautiful concert.
To watch out of this movement. Anytime soon they pass the COVID BILL, SPX will DUMP and BTC will follow like an loyal puppy to the legacy market.
No decoupling, nothing. This is not a BANK Crisis, this is a health CRISIS. Total different scenarios in which economies are effected everywhere and on any asset.
As a full time...
Not much to be said.
Just another shit coin that has ended its wash & trade / pump cycle.
Now is time for beras to ripe the hefty rewards.
Recommended is 10X no more then that. It had a history of a last big spike before it died. So it might repeat again.
Enjoy & lets sell & short this indian scam.