You can twist it as you want, my hopoim is decreasing hard.
The only question is: Will the alts that are hitting previous cycle bottoms go lower or hold if btc gets another leg down.
The only question is: Will the alts that are hitting previous cycle bottoms go lower or hold if btc gets another leg down.
DiveInDefi
Also lost the 100D moving average. Most important up-trends are being lost here. Not good at all
A few levels to watch coming up on SPX today.
DiveInDefi
We need Capo and Cramer to emergency step in and turn bearish.
wait, hes still bullish. He needs to call for MUCH lower.
DiveInDefi
https://x.com/saylorsatsire/status/1878434307653431321 Pump and dump incoming again
We are cooked. Usually his buys are always the top
DiveInDefi
We are cooked. Usually his buys are always the top
retest of this major previous support.
If we fail, we create a new major resistance. Need to break above in the next 2 days to confirm a bear trap.
If we fail, we create a new major resistance. Need to break above in the next 2 days to confirm a bear trap.
If markets hold up well, BTC front runned bearish news and we might see a reversal.
DiveInDefi
SPX holding uzp so far
Optimal outcome for the bulls:
SPX trades sideways today. Tomorrow it goes up.
$BTC trades above 90k and we confirm this a bull trap.
I am not calling a bottom here, stocks are way too unpredictable at the current moment.
SPX trades sideways today. Tomorrow it goes up.
$BTC trades above 90k and we confirm this a bull trap.
I am not calling a bottom here, stocks are way too unpredictable at the current moment.
DiveInDefi
Photo
This shows me, if BTC drops, the rest will drop harder.
If you look at the other posts of these from the past weeks, you will notice that Total3 (everything except BTC and ETH), have outperformed BTC. Now it is back to usual, showing great fear. I just really hope this is the last shakeout and a bear trap. But I HOPE: we need to keep the current levels. We are in great danger still.
By the way: I wouldn't be so fearful. If you follow me for longer, you know I am always bullish. This is a dip in a range which is also normal.
The reason for my great fear is only due to the other economic signs in the past days. And they are all hinting to a big risk of a crash.
If you look at the other posts of these from the past weeks, you will notice that Total3 (everything except BTC and ETH), have outperformed BTC. Now it is back to usual, showing great fear. I just really hope this is the last shakeout and a bear trap. But I HOPE: we need to keep the current levels. We are in great danger still.
By the way: I wouldn't be so fearful. If you follow me for longer, you know I am always bullish. This is a dip in a range which is also normal.
The reason for my great fear is only due to the other economic signs in the past days. And they are all hinting to a big risk of a crash.
👍2
DiveInDefi
My only hope as well. Stocks will decide.
A liquidity grab below psychological numbers like 90k is bullish though. Whales usually try to short squeeze the longs and stop losses to buy the absolute bottom. Common manipulation