BTC Update LTF: We are slowly piercing the green trendline that has acted as support and resistance sind 42k.

That is very bullish!

As expected, XRP finally showing some signs of life. Good for XRP bagholders. We have hit first major resistance zone. I expect this to break in the next days if BTC keeps going. Next level will be 0.9-0.95

$UOS as expected confirmed the breakout with still 10% up on the daily so far. I expect this to further fly to 0.47 next with some more consolidation.

SPX below that initial red rising wedge pattern - bearish.

I added a new green line considering the last breakdown. I'd say we can be ok-ish as long as we stay in this newly formed channel. From this new channel perspective, we are good right now.

Still, I love how stocks are red and BTC puts in a casual green 5% on the daily.

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ETHBTC hitting double Support here. Expecting ETH pump soon.

Zoomed in we have failed to reclaim the green line. We might fall back to 69k previous ath again for a retest.

BREAKING: 🇺🇸 US inflation rises to 3.2%, higher than expectations.

@WatcherGuru

Not even sure at this point if this is bullish or bearish for BTC. It is bearish for stocks and thus bearish for BTC. However, it seems like BTC decoupled a little bit

On our way. I will start lev longing bleeding alts at 69k

This was a free gift.
Unfortunately, this is a very rare constellation, otherwise I would be rich :D

What does that mean in contrast to some short-term gains: A retest oof the previous ATH (69k) was necessary to stengthen it as a strong support.

From here, we have two scenarios:
1. Market dies and we slowly retest it several times and break below (not my expectation)
2. We might retest it again but this basically has confirmed the bullrun (my expectation)


If you profited from this scalp, good on you, You can take profits here. What happens from here is less predictable. As said, my bias is UP