50000$ in the moment.Hi.
Many people were surprised by the growth in the pair BTC/USDT, everything was going so beautifully at least to 19-18 thousand down.
Where did this rally come from?
From the panic caused by the situation with USDC, which in turn stems from the situation with Silicon Valley Bank.
Voila!
People wanted to get out of the USDC by any means, at any cost, with losses.
In a moment the price reached $50,000!!!
And that's a huge wick and that's it.
That is, people were exiting bitcoin at a discount of 100%.
Do you think this could mean real momentum?
I'm sure the manipulators are still playing out the situation now, for those who don't get it...
Shitshow
SHIB Daily Chart OBV above 600T - "sub-prime crypto penny" LOLHouston, wew've got a problem with this rocket. The Daily charts are breaking dials, the programmers at TradingView are arguing what's after Trillion, Gazzilion, or what? LOL We could actually reach our totally whacked target of 0.00009x to just kiss 0.001 before a pullback.
Now, this is not financial advice, we are all part of a massive train wreck that's happening is very slow motion, unless you look at this Internet Currency "sub-prime crypto penny".
I have to be neutral here because yes, it's nice to follow the parade and chants in the streets feeling rich, one absolutely need to find side streets in case the mass decides to evacuate this parade in a hurry. Don't sell out since if there's a magician that shows up to this carnival with a rocket burn, we could see a "zero" drop off which is a 10x. So $1K here, could be $10Kk but it might drop to $200 first or $50, so if you get on this coaster, bring more than one puke bag! LOL
Whatever you do, keep taking profits and keep a seat on this ride. Let's have some fun. Go SHIB 9000 today! You can do it puppy!!!!! YEAHHHHHH!!!!
PS "Neutral" in taking profits just based on euphoria and short term consolidation and overall market risks.
I would not want to be the RobinHood CEO. He has a fork in the road and neither option is really safe for him! LMAO!
Time to buy this shitcoin is nowI hate this coin but 19 dollars is my target. BTC will be retesting 53K or so. Therefore this is one of the coins im expecting to do a hyper move.
BSV/USD - Shitshow continues (Thanks for 700 Followers)Hello friends! As much as i hate trading heavily manipulated (shit)coins, we do have a nice trading opportunity with Bitcoin SV (BSV/USD).
The price is consolidating in a Bullish Pennant. The decreasing volatility is pointing towards a breakout of this pattern (which also appeared before).
It's important to notice that we do not trade inside the pattern. We trade the breakout , which is less risky.
Therefore, we need the price to hit our Entry level, which also confirms a breakout of the pennant.
Our Stop Loss is located around yesterdays low - i prefer having a tight stop loss when something is peaking at 500% during 2 weeks.
Our target is located above our previous high.
We need volume for a breakout. I don't expect retail traders to jump on Bitcoin SV during a breakout. This will more likely be backed by random (shit)news and wash trading.
Let me know what you think!
cheers,
cryptobuller