When SPX starts to tank, which it will at some point, I believe all hopium is done
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One support after another breaking.
Asia session dumping as well any time they wake up.
This is what we saw in the last bear market.
Seems like 10/10 killed all remaining bulls.
Not going to predict any more bounces until we bounce. 100k will be important tho.
Asia session dumping as well any time they wake up.
This is what we saw in the last bear market.
Seems like 10/10 killed all remaining bulls.
Not going to predict any more bounces until we bounce. 100k will be important tho.
DiveInDefi
On a bullish note: 103k is the current 50D MA for BTC. A decent support but not the greatest. 200W MA is at 55k. On a daily, we are below the 21, 50 and 200D MA
I would expect at least a decent bounce soon with the 50W MA supporting as well as SPX that took a 1% hit today hovering above a support as well.
DiveInDefi
loking very promising now.
Delete
Wick low hasn‘t held, 50D MA hasn‘t held.
100k is the last support. Then it gets in real bear market territory. But it feels so much like a bear market already.
Wick low hasn‘t held, 50D MA hasn‘t held.
100k is the last support. Then it gets in real bear market territory. But it feels so much like a bear market already.
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