Groundhog moment,
Fail to blast past the local high,
and that could be a sign we’re in for another mini-crash,
more months of waiting for the real bull to begin
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
Fail to blast past the local high,
and that could be a sign we’re in for another mini-crash,
more months of waiting for the real bull to begin
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
👀6
Boom, right past the previous high on $SOL,
$BTC still lagging a bit,
and the difference raises the question,
When is it the case the $BTC is leading the smaller coins like $SOL — because fluctuations its huge liquidity affects the entire rest of the ecosystem
= smaller lagging
And when is it instead the case that the smaller coins like $SOL are giving a preview of what $BTC will do next — e.g. because it just takes far less capital to move the smaller ones
= bigger lagging
Who’s driving who and when?
Curious to look into this, and similar relationships between the coins later
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
$BTC still lagging a bit,
and the difference raises the question,
When is it the case the $BTC is leading the smaller coins like $SOL — because fluctuations its huge liquidity affects the entire rest of the ecosystem
= smaller lagging
And when is it instead the case that the smaller coins like $SOL are giving a preview of what $BTC will do next — e.g. because it just takes far less capital to move the smaller ones
= bigger lagging
Who’s driving who and when?
Curious to look into this, and similar relationships between the coins later
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
👀5
$BTC takes a hard dive,
$SOL totally unchanged, even slightly up, going on minutes later
As if $SOL is saying “nah, don’t believe you on this one $BTC”
Adds more to the mystery of who’s driving who
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
$SOL totally unchanged, even slightly up, going on minutes later
As if $SOL is saying “nah, don’t believe you on this one $BTC”
Adds more to the mystery of who’s driving who
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
👀6
DoomPosting
Boom, right past the previous high on $SOL, $BTC still lagging a bit, and the difference raises the question, When is it the case the $BTC is leading the smaller coins like $SOL — because fluctuations its huge liquidity affects the entire rest of the ecosystem…
$BTC dumping, a bit, finally
Possible hard bounce up higher, possible just keep dumping
Now’s the critical time to see if the next bull wave starts now… or in a couple months
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
Possible hard bounce up higher, possible just keep dumping
Now’s the critical time to see if the next bull wave starts now… or in a couple months
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
👀3😐1
🚨JAPAN NIKKEI DUMPS 4%
“The Nikkei 225 Index plunged 4.6% to around 38,000 while the broader Topix Index tumbled 3.5% to 2,645 on Monday, with Japanese shares retreating sharply from two-month highs, weighed down by a strong yen rally following the results of the ruling Liberal Democratic Party election last Friday. Former defense minister Shigeru Ishiba, who was seen as less dovish than his rival Sanae Takaichi, won the leadership of Japan’s ruling party, effectively making him the next prime minister. Meanwhile, data released today showed that Japanese retail sales grew more than expected in August, while industrial production came in weaker-than-anticipated.”
Now we know what caused the BTC dump, and preceding pump on rumor of bad news
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
“The Nikkei 225 Index plunged 4.6% to around 38,000 while the broader Topix Index tumbled 3.5% to 2,645 on Monday, with Japanese shares retreating sharply from two-month highs, weighed down by a strong yen rally following the results of the ruling Liberal Democratic Party election last Friday. Former defense minister Shigeru Ishiba, who was seen as less dovish than his rival Sanae Takaichi, won the leadership of Japan’s ruling party, effectively making him the next prime minister. Meanwhile, data released today showed that Japanese retail sales grew more than expected in August, while industrial production came in weaker-than-anticipated.”
Now we know what caused the BTC dump, and preceding pump on rumor of bad news
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
💯4👀2
Japan’s Nikkei now climbing back up, from a low of more than -5%
Crypto appears to be rebounding as well, so far
“Japan crashes bitcoin” really is going to be this cycle’s “China bans bitcoin”, isn’t it
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
Crypto appears to be rebounding as well, so far
“Japan crashes bitcoin” really is going to be this cycle’s “China bans bitcoin”, isn’t it
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
👀4💯1
Some parts of crypto slightly down, others apparently dgaf
Market seeming more skeptical of Japan apocalypse this second time around,
but we’ll see over the coming hours
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
Market seeming more skeptical of Japan apocalypse this second time around,
but we’ll see over the coming hours
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
👀6