DiveInDefi
Current dip again completely dependent on SPX.
No matter how you draw SPX trendlines, basically every trend is lost except one, that I wouldn't really count.
DiveInDefi
No matter how you draw SPX trendlines, basically every trend is lost except one, that I wouldn't really count.
Broke even the last „support“
Spx down 1.7% on the daily rn
Spx down 1.7% on the daily rn
DiveInDefi
You guys are literally 50/50
I guess there is a third option:
1. Next leg up, which isn't looking very likely due to SPX looking very top-ish at the current moment. This can change quickly though. (Left red arrow)
2. We get a flash crash or some last shakeout before we start mooning -> Bear Trap (we find support on 85k or 78k (not a scenario on the chart)
3. Bull run over, we just had the blow-off top at 107k and will enter a bear market here (Right yellow arrow)
1. Next leg up, which isn't looking very likely due to SPX looking very top-ish at the current moment. This can change quickly though. (Left red arrow)
2. We get a flash crash or some last shakeout before we start mooning -> Bear Trap (we find support on 85k or 78k (not a scenario on the chart)
3. Bull run over, we just had the blow-off top at 107k and will enter a bear market here (Right yellow arrow)
DiveInDefi
Gigabullrun starts, when $BTC decouples from $SPX
This move is actually really fucking good
DiveInDefi
LTF bottom likely. I expect the previous low to hold for the weekend
As long as we stay above 93k, everyone can have a relaxed weekend