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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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Expect a btc retrace soon. This will kill a good portion or the gains now
Nearly 2 years in this range and Link is attempting the breakout again. Don‘t buy here unless it breaks and closes above.
SPX closed below all supports and a little under the 200D MA.
If it closes that red over the weekends, the week usually starts with further dumpage. We willhave to see how we continue tomorrow but my bias is bearish on stocks.

If we are not holding here/pumping up, factor in a big dump to 39xx ranges for the SPX. If this happens, it could pull btc down again. In my opinion this might be the last retrace of 30k ish ranges before we go up.
While the US and Europe face the same issues, China is suffering as well. However, their money policy is the opposite right now.
More money from China.

By the way, Europe hasn‘t increased their base rate last time and I believe the US will be forced to decrease as well soon. Altough I stated that TA wise it is looking very critical right now short term for stocks, I believe this is a short-term threat.
Overall I believe we should go up much further somewhat soon on cryptos and stocks might see another flash crash but should go up soon again as well.
DiveInDefi
Nearly 2 years in this range and Link is attempting the breakout again. Don‘t buy here unless it breaks and closes above.
damn. 2 years and finally closed the weekly above. Link is rdy to retest and full send then!
Bull scenario
Dip incoming.
DiveInDefi
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Btw this red circle is the last hope for bears right now. If we push back into this channel, it is over for bears
If SPX closes red tomorrow under the green and yellow line, I do see a 200W MA revisit
DiveInDefi
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Zoom in: we are pushing through right now. If the daily closes above, this is very big
Its hard to say that we are still in a bear market. Bitcoin clearly is not anymore.

30-33k resistance weakens a lot. One more push and we should break this 🫡
DiveInDefi pinned «Trading is no prophecy. It is making the right decisions: If this, then that.»
The next dip/ sell off will decide on how we continue the next days/weeks.

If it is sharp and long-> liquidating all the longs but then gets eaten up by fomo quickly is the best thing that can happen going forward.
Lets see what the next days will bring. Very important and exciting days ahead
Here we go. This is invalidates everything on the bear side. Etf approval seems to be very close.
I dont care what anyone says: BTC >33k = bull market.
Unless we dump very heavily soon or etf gets denied in the last second, we are in a bull market.
For alts all you have to do is to see when ETH is starting to catch up, alts are gonna moon very soon after.