DiveInDefi
On a more important note for you guys: This was the 2cnd test on that 69k support. Every addional time we retest it in the next days/weeks will weaken it. Every long at that support will get riskier the more often we retest it. Let‘s hope this was the…
Yep, brutal candle on BTC. We are currently retesting from below. If we get rejected we basically confirm the breakdown = bearish
DiveInDefi
Yep, brutal candle on BTC. We are currently retesting from below. If we get rejected we basically confirm the breakdown = bearish
Ascending triangle and break above again, please?
DiveInDefi
$SOL rentered its bull channel.
While BTC rugging the market, SOL hits the top of this historic channel.
Just a general market statement for the current situation:
BTC has this week to reclaim the ATH.
Consistently staying below is bearish and the longer we cannot reclaim 69k, the more bearish it gets.
!!!However!!!, this does not mean that alts dump into oblivion now.
The next steps are not as obvious as, we have to adapt to the new market hints in the coming days.
BTC has this week to reclaim the ATH.
Consistently staying below is bearish and the longer we cannot reclaim 69k, the more bearish it gets.
!!!However!!!, this does not mean that alts dump into oblivion now.
The next steps are not as obvious as, we have to adapt to the new market hints in the coming days.
^(we still can have an alt season even if BTC doesn‘t reclaim and just relaxes a bit here, every alt position is just a lot riskier right now)
Forwarded from Watcher Guru
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@WatcherGuru
@WatcherGuru
I hate to be that (capo) guy. This could be a normal retracement but considering we broke down the ATH we might have topped