DiveInDefi – Telegram
DiveInDefi
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Crypto, economics, TA & shitposting.

All my personal thoughts. I am not a financial advisor and all my posts are no financial advice! Do not take my words for your
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DiveInDefi
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I have to admlt, I did not expect so few resistance.

This is very bullish if we close the daily above this line and dont dip below again.

I am slowly turning bullish here
Forwarded from Watcher Guru
JUST IN: Spot Bitcoin ETFs hold 3.3% of the current BTC supply.

@WatcherGuru
Watcher Guru
JUST IN: Spot Bitcoin ETFs hold 3.3% of the current BTC supply. @WatcherGuru
The more the states hold, the more they support it.

I can see the last giga bubble with every state trying to get its biggest share of the BTC cake.
DiveInDefi
SPX red - we are retrying.
Just some orher perspectice that I don‘t do enough:
Moving average. Most important are 50, 100 and 200 to see if we are still in a macro up or downtrend.

In fact, we held the 100D MA and also reclaimed rhe 50D MA in the past days.
We are barely hovering above it but if we can defend this for a couple of days, it would be very good to confirm this a macro dip and not a macro top.

Many bigger players rely heavily on the simple moving averages. Hence, they are very important to track the macro status we are in.

TL;DR: Isolated on the SMA, we are looking bullish again but need to defend this level the next days.
DiveInDefi
Just some orher perspectice that I don‘t do enough: Moving average. Most important are 50, 100 and 200 to see if we are still in a macro up or downtrend. In fact, we held the 100D MA and also reclaimed rhe 50D MA in the past days. We are barely hovering…
BTC is above the 50D SMA again. Also from a structural perspective, we are forming an ascending triangle, which usually breaks above. If we dont hold this rest uptrending support, we have to reevaluate.
Forwarded from Watcher Guru
JUST IN: MicroStrategy buys an additional 850 Bitcoin ($37.2 million).

@WatcherGuru
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SPX going crazy and btc follows. If we break this level (43.6k) we go to 44.6k quick
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ETH needs to break this level so we dont form a head and shoulders top pattern.
Faster than expected. We could hit the yellow line 44.4k
For now the resistance zone begins. If you are leveraged long, you could take partial profit here
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