Bitcorn to 40k

29 ago

Yep changed my mind. It looks like Bitcoin is about to lose its shit. It's lights out below 58. Overall the structure looks like a classic pump and distribute type of shit. I'm out of crypto already. I don't care about shorts. So probably this was a short visit from me :D

3 set

Nota

Last two weekly candles look really scary atm.

3 set

Nota

Ewww

5 set

Nota

its so over isn't it

5 set

Nota

Look at this. SFP long SFP long.. For some reason this was the exact thing I imagined. Disgusting.

5 set

Nota

It's more obvious on ETH. Rolling ball.

5 set

Nota

Same can be said about macro actually. That's why I was very skeptic about it. I thought we could have a quick rally. But here we are rolling down.

16 set

Nota

Honestly it can go either way at this point and I wouldn't be surprised. I was expecting 60k test but.. I still don't wanna play short although my bias is still down.

16 set

Nota

One of the reasons that I don't. This shit is failing.

16 set

Nota

And look at this monthly. Isn't that too much for a distribution? It's weird.