jb_skis

jb_skis Updated 

Looks pretty Bearish to me! Yes we are above the yearly open, yes we have lots of bullish sentiment and Whale/Market Maker buying... retail volume is dead... This is a Whale/MM Liquidity Grab... we should pullback to support, fake out some longs and sucker in some shorts, pump to Stops... and then dump... It's too damn perfect... lets find out... Macro i'm still...

jb_skis

Pretty simple, doesn't take a genius here to see the reality... 3D Chart, BTC, Clear Bear Flag... Low Volume... way overextended above the vwap... under resistance... this dumps on new 3day candle pump, short it at the high of the pump... We can clearly see we are not in the same situation as July at all today... half the volume, below resistance, massive bear...

jb_skis Updated 

I believe this is the only way to view what may happen in the near term future with BTC price speculation. I know twitter is full of perma-bulls saying that 32/33k will never be seen again, they could be correct, but regardless their bias shows because they are making their decision too early... Perma Bears said we were going to 18-14k even 11k last week on...

jb_skis

So far, this bearish gartley harmonic has been accurate to the relative tee. I assume now, we reject around the 48k area, and push further back down to retest trend... This to me, would confirm a bear market for quite some time 6-12 months is possible. If we look at VWAP and Daily/Weekly/Monthly supply levels, we should reject. We will find out soon. If you...

jb_skis

Not much to say here... seems pretty obvious that Bitcoin is heading for a major crash, and hopefully a bottom at 28-24k. Time will tell, but it doesn't look good at all to me. Perma Bulls are irrelevant pushers at this point... the chart, price action, RSI, MACD, MAs, inflation/tightening from the FED, the massive institutional speculation, the geopolitics......

jb_skis

A simple look at more recent boom and bust periods of the S&P500 Thinking Out Loud Is the QE Bubble bursting before our eyes? Will we see an all time high before a huge collapse and more Stimulus/QE? Opinion Outlook seems bearish for the long-term. These market levels are not sustainable, and inorganic, we are in the last phase of the QE bubble...