Man these 4h wicks. Are bears running out of coins here at 60k?

Retesting the upward resistance currently with. BTC premium on coinbase. SPX has been holding stromg. I don‘t expect us to break lower as long as SPX holds up well

Broken ✅

SPX futures pumping hard. Lets goo!

Btc rejecting again …

Bear trap. Lets go!

Let's try again...

Break 62.4k and we go to 64.8k

Struggling so far. Need a little more push

Damn!! Ubisoft up 40% of its lows last week. Unfortunately, my buy didn‘t trigger

U.S NONFARM PAYROLLS (SEP) ACTUAL: 254K VS 142K PREVIOUS; EST 150K

U.S UNEMPLOYMENT RATE (SEP) ACTUAL: 4.1% VS 4.2% PREVIOUS; EST 4.2% ...

Unemployment not spiking = no recession.
More open jobs than expected = companies are in no big fear for a recession/crash.

No recession = no crash in stocks.
No crash in stocks = no crash in BTC.


As long as these signs are coming in bullish, noone should be fearful for crypto. Especially as many alts are still massively undervalued.
We might have bottomed…
I‘ll keep monitoring this and keep you posted ✌️

:/

Anyways, I remain long-term bullish as long as the economy signs remain positive. However, shit can hit the fan very quickly.

Why? Because they have been printing for a year already.

Do I see Capo bear posting again?

First move done.

Now we should see a local top formation around here and bearish continuation this week.