$SPX Futures up 0.64%

Even Wintermute is feeling it

Daily is nasty

20k coins 2017, 26million now

SPX was less that 3 points away from 6900 today. Wouldn't be surprised if this meme resistance holds for now

It is a support now

Funny that SPX6900 is down today.

BTCs weakness doesn't seem to make much sense despite the nasty daily we had. Yesterdays sell off makes sense just TA wise, doesn't make sense fundamentally: SPX again at a new ATH, everyone expects a rate cut -> more print -> more inflation -> more money for BTC.

Accordingly: yesterday's candle was expected due to TA but I don't expect us to sell off much more.

*as long as stocks keep up and fomc cuts rates

whole dump is a liquidity grab imo

THE FED CUT RATES BY 25 BPS, AS EXPECTED

Should be priced in tho

First time alts are outperforming BTC in ages today. They have steadily climbed during BTCs sell off.

I believe bottom is in now

They dump the market
They buy the market
They pump the market
They sell on you as exit liquidity.