Watch this... Bitcoin has performed well over the last few months. DXY oversold during a war. Lost of action coming either way!
XRP breaking out of falling wedge just as SEC decision looms. This WILL be fun :) Locked and loaded!
Looking for a break below (most likely) or a bounce back up to ATH. Key level here
Fed day today. Expecting a hike of .5 but seeing anything under .75 and DXY will have a bad day. Looking to short here for a LONG trip to the downside.
Everyone bullish on BTC, and I get it. I am too. However, when the bagger at Walmart tells you to buy Bitcoin... run! I'll be back when we see <$50k
Looking for a BIG break either way. Potential retest before DXY falls through the floor forever. Short term = Crypto pullback, DXY pop, then the real blow off top in EVERYTHING will occur. Will be a great few years and come tumbling down in 2023-24. Just my opinion...
50% position entry.
Could be a BIG breakout in either direction soon. Market happy = break to the upside vs. Market uncertainty = heading much lower for a retest
We have a soon to be contested election, Covid, China, Social unrest & division, Money printing by the FED, Antagonistic media, we can keep going... then there is this price action backed by the fundamentals of BTC. This is going to go parabolic.
10 year is forming a large wedge, with the APEX on election day. This should be an interesting move either way! My best guess, initial drop in the markets, money flows in to safe havens spiking the 10 year, then markets reverse, money flows out of bonds, sending this back to the floor. Free money FOREVER!
I expect something like this up until the election. Then, Trump win and we go sideways or down a little. Biden win, this goes to the moon... then Pluto... right out of the Milky Way. Either way bullish long term.
I expect that IF we are going to pull back, this will be the time. Pretty obvious triple top here. The next three months should be VERY volatile!
I expect this to break towards the downside before touching the previous all time highs. DXY will regain some strength when money flows out of risk assets. RSI coiling up with less strength. This is a FED driven rally ONLY... Covid (BS) will return in the near future with an attempt to lock everyone up before the election. This is a game, play along :)
Looking for a large move to the upside following a sell off in the bond market.
Just retested the break of the longest bull run in history. This will ultimately end IMO with a large move to the downside.