UnknownUnicorn27322477

UnknownUnicorn27322477 Updated 

Welcome to the Crypto Matrix. Some may call it FUD, some may call it a valid independent view: Alameda, the subsidiary of FTX totally lost control. Looking at the board of Alameda, you can see numerous "kids" - yes I would call them kids, as they obviously did not hear the bell ringing yet - trying to CEO'ing and CTO'ing and wtf else, but obviously dont have any...

UnknownUnicorn27322477

think again before moving your money to risk assets still much convinced we will face massive downside very soon traders acting again as a collective as most of the discord and twitter channels making noise for the new PM in the UK to push crypto but remeber: we still have geopolitical things going on. are you surprised this move today comes after russia announces...

UnknownUnicorn27322477

Dimon said it, I will repeat it: all cryptocurrencies are ponzi schemes and designed to take your money. If you thought there would be any value: No! If you thought you can get rich over night: No! Look at the charts, it is all in there. With futures market opened several years ago, we have big long positions which havent been closed in many cryptocurrencies so...

UnknownUnicorn27322477

We all know BTC is a ponzi... luring people into the holy grale that never was one. BTC is not the future of crypto, BTC is a ponzi. And big traders profit the most of it. I am not saying this shit should be banned. But you are making the most of money if you just stick to the game plan: up and down. At the moment, we are bearish, which means the more we get up,...

UnknownUnicorn27322477 Updated 

Again and again, traders trying to create a hype for relief ralley. it has worked the way all the time, but this time is different. very different. if you listened to US congress hearings last weeks and months, you will know, what this crisis is all about we are whitnessing right now: the US-Dollar and its standings in the world in terms of reserve currency....

UnknownUnicorn27322477 Updated 

most of the time, markets dont act like you expect them to do, which gives you a hint, what you should do: expect the unexpected. looking at the bigger picture, we can see, little by little, less interest in buyers and more and more sellers step in. as other traders are trying to influence the market with their opinions and "views" by creating another hype for a...

UnknownUnicorn27322477

one of the titans in TA never gets old. the chart speaks for itself. I wont tell you we will reach target, but there is a very high chance we will reach it. why? because it seemed unreachable several weeks, months ago. and the permabulls always told you, that it never could happen again. remember: btc was trading at $800 in the beginning of 2017. also remember:...

UnknownUnicorn27322477 Updated 

many traders used to see an ascending wedge in BTC, even in 1D. I do not know what their eyes see, I see another bear flag, targeting the levels 17k-14k. Even if it reachers that level, I am not sure to buy and for the moment, I am not considering to buy any cryptocurrencies given the macroeconomical circumstances. Jack Dorsey and Jay-Z opened something like an...

UnknownUnicorn27322477

We still can see a slight push to the upside for exit liquidity, as the last weeks were a ride on the sharp razorglide on the upper side of the descending wedge. Dont get caught in fake upside moves, economically and geopolitically circumstances do NOT push BTC. BTC acts like all other assets, but has more upside to come after big accumulation araound 14-17k, till...

UnknownUnicorn27322477

IMO, only one trendline matters, which is defined by the April 21 ATH and the selloff point of the second reach to new ATH. I am considering this as the top line of a descendig wedge, representing the start of new (real) bullrun. IMO, the last bull run ended in Apr 21. the new ATH in Nov 21 is a try to break out of the descending wedge but failed, which is not...

UnknownUnicorn27322477 Updated 

BTC had a nice selloff following the USt Terraluna peg loss. To say with the words of some silly traders and chart analysts: Tada...! They were telling you several weeks ago: 25k? Forget it, it will never happen! Unfollow everybody who was telling such things and never listen to them again. Listen to me: Wait what we have in play for you on friday 13th. Enjoy

UnknownUnicorn27322477

just a drop... dont panic. we are all very early! enjoy the ride!

UnknownUnicorn27322477 Updated 

It has proven all the time: If you are in doubt, zoom out. We all know where BTC is going to, why complaining about PA nowadays? Zoom out, you are still very early. No financial advice

UnknownUnicorn27322477 Updated 

Most of the nowaday traders hate trendlines as they usually are not helpful for shortterm trades. To have the bigger picture, you need to stay by the rules and try be open minded. The initial BTC move after Covid in Mar 20 was clearly bullish, it gave us the overall market trend in the higher timeframe (personally, I like 1D, but you can also use 1W for this...

UnknownUnicorn27322477

as shown in the charts, there is a probability, that we are in massive distribution, actually Phase B. as for now, I am not quite sure whether we are in the making of something like the first LPSY or either just shown the SOW. Given the actual circumstances with all the news going on the last couple of weeks (russia crypto ban, FED, tapering, war), the peak in Nov...

UnknownUnicorn27322477

seems my previous call still plays out. retest of 40k is inevitable to move higher. I remain cautious until we see a clean retest of 40k level. everything else, I will not turn bullish and bulls will need the bears to turn bullish under the actual circumstances

UnknownUnicorn27322477

simple trendline analysis seems we have to restest 40k area to have a convincingly breakout of downtrend. not turning any bullish until restest 40.2k successful

UnknownUnicorn27322477

according to the bigger picture, BTC has some way to go. not really an convincing breakout. we had some news with the IRS, but still very uncertain circumstances for BTC to move higher.