10K is the target and is all that matters...PSYCHOLOGICALLY AND TECHNICALLY.
Here is the SHORT TERM(June+July) BULLS AND BEARS... BIG PICTURE!!!!
Reasons to be Bearish
(There are only short term reasons...we will assume an alien doesn't come to earth and use a super computer to destroying the strongest blockchain network in the world...) But yes Aliens are real...moving on...lol
*****SHORT TERM BEARISH
1.) TECHNICALS
Emotion below 10K and Resistance at the LOG LINE from the January & March 2017 support.
2.) VOLUME
is slightly decreasing on MAJOR EXCHANGES...BUT COINMARKETCAP(sketchy exchanges?) IS STILL HIGH VOLUME.
4.) WHEN CRYPTO REGULATIONS WORLDWIDE HIT
(also on bullish list) ONLY GOOD EXCHANGES WILL SURVIVE
EXCHANGES BREAK(unlikely?)
EXCHANGES FREEZE(unlikely?)
EXCHANGES HACKED(unlikely?)
5.) FIAT BANKS FREEZE(unlikely and customer service disaster...if fiat banks panic before the moon launch)
*****SHORT TERM BULLISH
1.) BIG PLAYERS ARE ALL BUILDING
(Microsoft, Google, Fidelity...ENDLESS LIST YOU CAN FIND YOURSELF or on my other posts ;)
This is an obvious one CRYPTO fans are all tweeting.
2.) FED RESERVE
(the private bank immune to laws) 'forced' to lower rates SOON. EASY MULAH!
Hope the helicopter CASH will land in the hands of THE PEOPLE....INSTEAD OF IRAN(THANKS Obama) sorry no more politics...but fact checkers do agree with me....;)
3.) REGULATIONS WORLDWIDE
RUMOR? + REAL ARTICLE
(FATF) Financial Action Task Force
"G20 Countries Start Implementing Unified Crypto Standards"
(IF YOU BELIEVE CONSPIRACIES... THE FRENCH ELITE OWN THE USA 'CORPORATION' and the FATF is french...anyways... it's also called Groupe d'action financière!!!! Viva la BITCOIN?? :0
4.) UNCHARTED "REAL ECONOMIC"
CNBC is SCRATCHING THEIR HEADS...thinking they will "TALK THEMSELVES INTO A RECESSION"...in REALITY...THE BOOM AND BUST CYCLES STILL EXIST...and the debate on a NORMALIZE RATE...IS HILARIOUS...EVERYTHING IS MADE UP AND EVENTUALLY YOU LOSE CONTROL?????....point is...whether you think the STRUCTURE of the current system can survive another crash is another DEBATE...but we're at a tipping point and THE ONLY THING I THINK KEEPING THE WORLDWIDE MARKET UP IS THAT BAILOUTS ARE PRICED INTO THOSE BLEEDING(DB, etc.)
BAILOUTS ARE PRICED IN...that is the insanity of this paper market BTC is FIGHTING?....but yes also PM's Gold, Silver?
5.) ETF should be OBVIOUS in JULY.
Next two months will play out in their crazy ways...then we ride that purple line to the MOON?
Thanks for reading ;)
Enjoy
Here is the SHORT TERM(June+July) BULLS AND BEARS... BIG PICTURE!!!!
Reasons to be Bearish
(There are only short term reasons...we will assume an alien doesn't come to earth and use a super computer to destroying the strongest blockchain network in the world...) But yes Aliens are real...moving on...lol
*****SHORT TERM BEARISH
1.) TECHNICALS
Emotion below 10K and Resistance at the LOG LINE from the January & March 2017 support.
2.) VOLUME
is slightly decreasing on MAJOR EXCHANGES...BUT COINMARKETCAP(sketchy exchanges?) IS STILL HIGH VOLUME.
4.) WHEN CRYPTO REGULATIONS WORLDWIDE HIT
(also on bullish list) ONLY GOOD EXCHANGES WILL SURVIVE
EXCHANGES BREAK(unlikely?)
EXCHANGES FREEZE(unlikely?)
EXCHANGES HACKED(unlikely?)
5.) FIAT BANKS FREEZE(unlikely and customer service disaster...if fiat banks panic before the moon launch)
*****SHORT TERM BULLISH
1.) BIG PLAYERS ARE ALL BUILDING
(Microsoft, Google, Fidelity...ENDLESS LIST YOU CAN FIND YOURSELF or on my other posts ;)
This is an obvious one CRYPTO fans are all tweeting.
2.) FED RESERVE
(the private bank immune to laws) 'forced' to lower rates SOON. EASY MULAH!
Hope the helicopter CASH will land in the hands of THE PEOPLE....INSTEAD OF IRAN(THANKS Obama) sorry no more politics...but fact checkers do agree with me....;)
3.) REGULATIONS WORLDWIDE
RUMOR? + REAL ARTICLE
(FATF) Financial Action Task Force
"G20 Countries Start Implementing Unified Crypto Standards"
(IF YOU BELIEVE CONSPIRACIES... THE FRENCH ELITE OWN THE USA 'CORPORATION' and the FATF is french...anyways... it's also called Groupe d'action financière!!!! Viva la BITCOIN?? :0
4.) UNCHARTED "REAL ECONOMIC"
CNBC is SCRATCHING THEIR HEADS...thinking they will "TALK THEMSELVES INTO A RECESSION"...in REALITY...THE BOOM AND BUST CYCLES STILL EXIST...and the debate on a NORMALIZE RATE...IS HILARIOUS...EVERYTHING IS MADE UP AND EVENTUALLY YOU LOSE CONTROL?????....point is...whether you think the STRUCTURE of the current system can survive another crash is another DEBATE...but we're at a tipping point and THE ONLY THING I THINK KEEPING THE WORLDWIDE MARKET UP IS THAT BAILOUTS ARE PRICED INTO THOSE BLEEDING(DB, etc.)
BAILOUTS ARE PRICED IN...that is the insanity of this paper market BTC is FIGHTING?....but yes also PM's Gold, Silver?
5.) ETF should be OBVIOUS in JULY.
Next two months will play out in their crazy ways...then we ride that purple line to the MOON?
Thanks for reading ;)
Enjoy
Note
Financial Action Task Force ......1000$ Limits coming without verified recipient???? ...This is a crypto Hurricane in the making...who will survive the storm?
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.