DiveInDefi
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By the way, depending on which timeframe you look at this, we could summarize attempt 2 and 3 as 1.
That said, this would then be the macro 4th attempt right now, meaning we have one more attempt. But this last one should make it or we get weakness on the BTC chart.
That said, this would then be the macro 4th attempt right now, meaning we have one more attempt. But this last one should make it or we get weakness on the BTC chart.
As long as spx keeps mooning, you shouldn‘t be concerned for btc going higher eventually. Question is if spx dies before we get our moon
Forwarded from Alpha
U.S. NONFARM PAYROLLS: +272000 (EST. +182000)
U.S. UNEMPLOYMENT RATE: 4% (EST. 3.9%)
U.S. AVERAGE HOURLY EARNINGS: +0.4% (EST. +0.3%)
U.S. UNEMPLOYMENT RATE: 4% (EST. 3.9%)
U.S. AVERAGE HOURLY EARNINGS: +0.4% (EST. +0.3%)
DiveInDefi
Old story: As long as >69k, gud. <69k not so gud
Damn, back at 67k support.
DiveInDefi
By the way, depending on which timeframe you look at this, we could summarize attempt 2 and 3 as 1. That said, this would then be the macro 4th attempt right now, meaning we have one more attempt. But this last one should make it or we get weakness on the…
This uptrend is also broken. Not the end of the world but could be the start of it.
We should expect, at least a small, bounce from here. Not looking too good ngl.
We should expect, at least a small, bounce from here. Not looking too good ngl.
DiveInDefi
This uptrend is also broken. Not the end of the world but could be the start of it. We should expect, at least a small, bounce from here. Not looking too good ngl.
To make that clear: We must bounce here or we can get brutally rekt soon.
I do expect a bounce tho and we need to reevaluate the bounce
I do expect a bounce tho and we need to reevaluate the bounce
While we have a bad day here, SPX is actually holding up well so far. Not losing hope, yet.
DiveInDefi
While we have a bad day here, SPX is actually holding up well so far. Not losing hope, yet.
Actually closed right at ATH again
Tomorrow is a big day however. SEC officials are giving their opinion on the current situation.
If we get bullish signs, we should have bottomed here.
If bearish, I am gonna shit myself
If we get bullish signs, we should have bottomed here.
If bearish, I am gonna shit myself
Forwarded from Watcher Guru
JUST IN: 🇺🇸 Former President Donald Trump says "Bitcoin mining may be our last line of defense against a CBDC."
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BTC daily doesn‘t look that great again. However, SPX closed green again. I still don‘t see BTC get rekt giga hard before SPX dives.
Unfortunately, it seems like alts are just no fun…still
Unfortunately, it seems like alts are just no fun…still
Btw, DJI (Dow Jones) is going lower, while SPX goes higher. DJI has less stocks than SPX.
This is healthy as large caps currently get outperformed by smaller stocks.
Stocks follow same patterns as BTC -> ETH -> Alts.
With ETHs ETF inflows to be coming soon, I surely expect more green as long as stocks remain stable or slowly grind up. SPX dump will kill us tho. This is my main indicator right now to decide whether we topped or are just getting started.
This is healthy as large caps currently get outperformed by smaller stocks.
Stocks follow same patterns as BTC -> ETH -> Alts.
With ETHs ETF inflows to be coming soon, I surely expect more green as long as stocks remain stable or slowly grind up. SPX dump will kill us tho. This is my main indicator right now to decide whether we topped or are just getting started.
DiveInDefi
Btw, DJI (Dow Jones) is going lower, while SPX goes higher. DJI has less stocks than SPX. This is healthy as large caps currently get outperformed by smaller stocks. Stocks follow same patterns as BTC -> ETH -> Alts. With ETHs ETF inflows to be coming…
My man Brinkie asked what ETH needs to do to break BTC Dominance.
Great question: we are above this super long downtrend. Technically, ETH is in a great position to rallye.
We might trend down further to 0.05 but this would be a super strong support on ETH/BTC and could be the start of ETH rallyeing and might also mark the start of an altseason. Alts are giga rekt again. At least some relief should be the minimum. Check 0.05 and see if it bounces from there.
Great question: we are above this super long downtrend. Technically, ETH is in a great position to rallye.
We might trend down further to 0.05 but this would be a super strong support on ETH/BTC and could be the start of ETH rallyeing and might also mark the start of an altseason. Alts are giga rekt again. At least some relief should be the minimum. Check 0.05 and see if it bounces from there.
👌1
DiveInDefi
My man Brinkie asked what ETH needs to do to break BTC Dominance. Great question: we are above this super long downtrend. Technically, ETH is in a great position to rallye. We might trend down further to 0.05 but this would be a super strong support on…
*a break of 0.06 ETHBTC is the last reversal signal