Update: Marketcap A Rekindled Romance Fear&Greed
Updated
Not financial advice.
Classic Fear and Greed setup
2.2T then to 1.1 T
Marketcap just like a relationship where a ur chick or dude be acting up.
You kick him or her out only for them to correct some issues and let them back in the house.
Well Now one of those times.
They back in the house. Love rekindled.
He doing the chores. Being a man. But your hopes never stay high on if this is "the time" they finally get it.
And at 2.2T its time to be kicked back out.
On positive note at least the warm months of the year.
Possibility of 2.2 T Marketcap before retrace.
This is just and update of previous analysis I made.
Not saying this will happen. I have my suspicions. And anywhere from a 25-35k retest of bitcoin from June area.
Hope I'm wrong but I'm seeing a classic fear and greed setup that ends in alot of tears if your not prepared for the variables at play.
Support the legalizedhustler
#hustlabynature
#financialnostradamus
#poorfromtheoutside
Classic Fear and Greed setup
2.2T then to 1.1 T
Marketcap just like a relationship where a ur chick or dude be acting up.
You kick him or her out only for them to correct some issues and let them back in the house.
Well Now one of those times.
They back in the house. Love rekindled.
He doing the chores. Being a man. But your hopes never stay high on if this is "the time" they finally get it.
And at 2.2T its time to be kicked back out.
On positive note at least the warm months of the year.
Possibility of 2.2 T Marketcap before retrace.
This is just and update of previous analysis I made.
Not saying this will happen. I have my suspicions. And anywhere from a 25-35k retest of bitcoin from June area.
Hope I'm wrong but I'm seeing a classic fear and greed setup that ends in alot of tears if your not prepared for the variables at play.
Support the legalizedhustler
#hustlabynature
#financialnostradamus
#poorfromtheoutside
Note
Comparable chartsNIO Stock look at how it reacted at 68.00 a "V"
Followed by drop. And now its in the wishing stage of a return to highs. Not happening
Also comparable is USD/MXN 1 month chart
Thanks to mrsceleste for bringing that to my attention as a comparable
Note
Since BTC is classified as an asset class now.You will see most of your major corrections at the end of the quarters for Corporate rebalancings.Its Law!!
As experienced here at end of March. I suspect the same at End of June
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