dotcom880

dotcom880 Updated 

My first idea here. I wanted to point out what I noticed about current euphoria in the market. Combined with a significantly overbought trend. Used Fibonacci Bollinger on 30day frame + Buffet Indicator

dotcom880 Updated 

Both crypto and indexes are on a crossroad. Will they move further up? Or will correction come? YouTube is covered with BTC to the moon videos last weeks... It seems that it depends on if the hype kicks in. I personally expect a further upside and break ATH within 8-10 days. If not, then massive drop. Let's see how it plays out.

dotcom880

Looking at 2 indicators (Buffett Indicator and Squeeze momentum), one could see that the market is overbought and due for a correction. What's also interesting is to see that it's currently building momentum. Where I expect that the resistance will be tested in a last push and then a bearish cold winter. Fascinating times ahead. Because if it's going up, then we...