Long

SPX500 and Bitcoin - what the F is happening

Updated

OK I talk about the levels I'm seeing. Could all be a bear trap, or we flush first to 3900, 27k for BTC. Either way, I don't think it just drops through yet. Expecting a bounce soon.

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so far so good, needs to get over 4k and hold for the rally to occur

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Over, expect retrace to 4k or thereabout to be bought.

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If we start getting under 3980, I'm out of this trade. It's possible qqq and SPX are in a triangle formation, If so we still may get one more down - be careful

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Levels to watch in boxes. Very difficult trade, possibly both a bear and bull trap within a few hours - good luck

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That wave 4 idea is playing out - 39-3800 target next

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overall structure

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Bitcoin likely to 27k by tomorrow or friday , then relief rally

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They are holding on to the structure so far, but if it breaks below 3930, we should get a swift wave down to mid 3800s tomorrow.

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Updated video

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Possible bounce starting today!

ABC possibly finished here - be careful you shorties!

the_sunship

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