DiveInDefi – Telegram
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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DiveInDefi
We broke out after this but then lost traction. Supports at 96.5~ and 95.7k
That said, we had two bearish candle prints on the daily (marked for you with red markers) but $BTC doesn‘t give a fuck and retested 100k today.

Hopium 🙏
$SPX logarithmic chart. Top of the channel is 7000.

Hence, if we get another bullish move to the upside, I predict 7000 as a top.
DiveInDefi
I correct, this is the last line. Major support hit here
image_2025-01-06_17-07-13.png
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$BTC Major support held. Historic resistance approaching at 116-120k, depending how long we need to get there.

HD pic for the full historic chart.
Trudeau, Premiere of Canada resigned.
This will be an interesting year. Basically anything can happen.
Another $370m or Tether printed and sent to Binance just now.
I feel like a 100k retest is incoming
DiveInDefi
I feel like a 100k retest is incoming
SPX rejected off 6k intraday
DiveInDefi
I feel like a 100k retest is incoming
Tested and didn‘t hold at all. Bummer
hitting support
Top 50 outperforming eth, btc and the rest of the market
DiveInDefi
Photo
Crazy bleed without any bounce. I think 95.7k can be a local bottom. Watch for volume
We are at the 4h 100MA (yellow line). Might be something
A bearish engulfing candle on the daily is something you never want to see. I especially not at the 100k level
Loads of bearish signs from the economy.

If they start printing to counter this, we may go up. If they don‘t I expect a very nasty 2025