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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Forwarded from Watcher Guru
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JUST IN: 🇺🇸 White House official says the US government has an "accumulation plan" to buy Bitcoin.

@WatcherGuru
Watcher Guru
JUST IN: 🇺🇸 White House official says the US government has an "accumulation plan" to buy Bitcoin. @WatcherGuru
Guess this is reason 2 aside from Saylor why BTC hasn‘t entered a bear market altough it should have
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🇮🇳🤔 #BTC India’s ruling party spokesperson Pradeep Bhandari, says it's time India takes Bitcoin seriously as a strategic national reserve.
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It is only a matter of time until China joins.

They most likely do it silently though
Forwarded from infinityhedge
DXY DOLLAR INDEX FALLS TO 3-YEAR LOW, DOWN 11% YTD
$SPX Futures close to ATH
Expecting some LTF consolidation and a little bit of more dippiness
DiveInDefi
Expecting some LTF consolidation and a little bit of more dippiness
Remained above the 106.8k support. If we can stay above, would be very good.
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DiveInDefi
Aligns with DXY hitting the trend back to 2009
Less than 1% until the support hits.
For people who don‘t know: DXY = Dollar Strength index against other currencies like € and ¥.

Usually weak DXY = Strong stocks.

Reversal on DXY can lead to a reversal on SPX which is still the most correlating index to crypto (currently mostly to BTC as alts just non stop rug)
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Bull flag on the LTF
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Forwarded from infinityhedge
*TRUMP: TERMINATING ALL TRADE DISCUSSIONS WITH CANADA EFFECTIVE IMMEDIATELY

*TRUMP: WILL LET CANADA KNOW TARIFFS WITHIN NEXT 7 DAYS

*TRUMP: CANADA ANNOUNCED THEY ARE PUTTING DIGITAL SERVICES TAX ON AMERICAN TECH COMPANIES, WHICH IS A DIRECT AND BLATANT ATTACK
DiveInDefi
Bull flag on the LTF
I am just happy for some slow days to not have to look at the charts so often.

But looking decent so far. Please some more sideways days and ATH retest afterwards 🤞
DiveInDefi
$OTHERS also slowly waking up.
$OTHERS also look good with this higher low. We must reclaim 233B to get some momentum back.
👀 #BTC Saylor again hints at another BTC purchase by Strategy
DiveInDefi
That was quick. Hitting resistance here. Sunday pumps beware. Saylor always buys on weekends.
Too bad but expected: pump completely retraced.

However, still good to shake out more weak hands.