DiveInDefi
With a lot of imagination I could see a falling wedge here. This would be bullish… Looking for some tiny bits to keep up the mood here
my first support at 52k held. for now
If SPX keeps crashing next week, don't expect BTC to decouple. We should see healthy bounces over this weekend tho
DiveInDefi
I don't think that our structure is bullish in any way. If you look at the rectangles, this sort of consolidation is some bullish hopium here.
Related to the hopium.
Not much new dumb money in here currently. Explains the current state of the market.
However, this is somewhat reverse psychology:
The less noobs in here, the more upside.
Similar like high unemployment = bullish as we get more printing.
However, this isn‘t a bottom signal, more like we are resetting for a bullrun. We can go lower. Who knows at this point. Stocks will lead.
Not much new dumb money in here currently. Explains the current state of the market.
However, this is somewhat reverse psychology:
The less noobs in here, the more upside.
Similar like high unemployment = bullish as we get more printing.
However, this isn‘t a bottom signal, more like we are resetting for a bullrun. We can go lower. Who knows at this point. Stocks will lead.
DiveInDefi
56.5k range next target
Approaching. !If! we go higher, I am expecting at least one rejection.
DiveInDefi
Approaching. !If! we go higher, I am expecting at least one rejection.
Good volume on the LTF and no bigger rejection. Maybe we go on to 58.5k
Forwarded from Binance Futures Liquidations
🟢 #BTCUSD_PERP Liquidated Short: $1.42M at $57136.30
Forwarded from Watcher Guru
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Watcher Guru
JUST IN: Jim Cramer says he is "waiting for NVIDIA to bottom." @WatcherGuru
Have we really bottomed?
DiveInDefi
Good volume on the LTF and no bigger rejection. Maybe we go on to 58.5k
Retested and held so far
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DiveInDefi
Good volume on the LTF and no bigger rejection. Maybe we go on to 58.5k
58.5k reachen. Real resistance is here. If we break, next is 60k
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