You may check that BTC IS correlated with SPX, on dump. Hence i am extremely bearish on SPX and all of the garbage caps, i believe bitcoin should follow.
Coinbase premium is suggesting that money is flowing into accounts, retail money. All of those 1200 checks. Damm...
Everybody is googling halving with retail money inflow we may experience a dummp that will kill all of the retail weak hands and miners on line. Technicals:
I think this head and shoulders will be valid now. Not shorting yet waiting for confirmation. May enter with small amount and will post it later. Previous H&S was too obvious and many people shorted it and got squeezed really bad. Now, everybody is back being too bullish.
Next dilema, if BTC follows SPX on dumps, and SPX enteres into multi year bearmarket then.... Fug
Nota
Bitmex and binance is still bullish so do not expect it to dump now, wait
Another think. Imagine bitcoin crashes to 1k and all of those retarded gurus that are only shilling bullish posts go with it too. No more retarded people on twitter, would be nice, right?
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.