BTC has only dipped slightly so far. That is a very good sign that this is probably not over as sellers seem to be out of coins.
This accumulation range has lasted half a yeat already.
Most important levels are 64.8 and 69k.
I expect us to break 69k eventually and accumulate between 69 and 73k for a few days. Then we are ready for new highs.
We will need a few more weeks for new highs tho. Additionally, $SPX must at least stay in its high region or print new aths. This is what we need to look at.
For alts, I am not worried that they will have their time sooner than later if this plays out.
Most important levels are 64.8 and 69k.
I expect us to break 69k eventually and accumulate between 69 and 73k for a few days. Then we are ready for new highs.
We will need a few more weeks for new highs tho. Additionally, $SPX must at least stay in its high region or print new aths. This is what we need to look at.
For alts, I am not worried that they will have their time sooner than later if this plays out.
Is this the exit pump and another bulltrap or is this the start of the road to new highs?
If you think the latter, this retracement is for buying. If you think it is a bulltrap, take profits.
I am personally starting to buy some more small positions.
If you think the latter, this retracement is for buying. If you think it is a bulltrap, take profits.
I am personally starting to buy some more small positions.
DiveInDefi
ETH also diving into massive support region: Region between 2400-2600
Look at this $ETH bottom.
I have had this line (on the left), it just wasn‘t extended all the way. Was an obvious one.
I wasn‘t able to look at the charts at these days because of a max pain moment where I just don‘t touch anything and hold.
Beautiful TA tho.
I have had this line (on the left), it just wasn‘t extended all the way. Was an obvious one.
I wasn‘t able to look at the charts at these days because of a max pain moment where I just don‘t touch anything and hold.
Beautiful TA tho.
Looking at many alts, it looks like most of them rock bottomed in the past weeks
DiveInDefi
Looking good
A dip to 62k region is possible and still bullish. After this, it doesnt look good
DiveInDefi
$SPX in case we break aths, I moved the green circle to the right as next target. This red line won‘t be broken.
Most important thing to watch is SPX for BTc
DiveInDefi
Most important thing to watch is SPX for BTc
As long as we stay above this green line here, we good. If we break below, ppl will get nervous again
DiveInDefi
As long as we stay above this green line here, we good. If we break below, ppl will get nervous again
Tomorrow, after market hours, nvidia is going to report their earnings.
As they have had insane growth the past year, I expect them to grow y/y but reduce their speed of growth.
If they dump, they will take down the SPX with them which is bad for everything else, including crypto.
I took a gamble and shorted nvidia today with some small money.
As they have had insane growth the past year, I expect them to grow y/y but reduce their speed of growth.
If they dump, they will take down the SPX with them which is bad for everything else, including crypto.
I took a gamble and shorted nvidia today with some small money.
DiveInDefi
Tomorrow, after market hours, nvidia is going to report their earnings. As they have had insane growth the past year, I expect them to grow y/y but reduce their speed of growth. If they dump, they will take down the SPX with them which is bad for everything…
If nvidia pumps from their earnings, I do see BTC break 65k
DiveInDefi
$BTC at key level (61.7k rn) We must hold to stay bullish
Yep, we lost 62k region and its bloody again… 🙄🙄🙄
Alts always tank like crazy before BTC and especially stocks move bigger.
Gives me a bad feeling for the next days…
Gives me a bad feeling for the next days…
🤔1
However, if we pump from here we arw still somewhat good. Don‘t giga panic, yet.