@Notofworks7 I got long crypto today but I think this will just be a relief rally before lower. My view remains that crypto will correct even more when stocks pull. Crypto is leading and will bottom first as well. This is the main reason I see another low coming. Might be months from now.
@Notofworks7 It is concerning for me that while BTC has yet to lose the yearly vwap, ETH has as has JASMY etc. Also stock indexes look close to a correction and I don’t see a reason why crypto wouldn’t correct along with stocks soon. I hope to be wrong here.
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@KTTECHPRIVATE Quick question, looking at the weekly newsletter for QQQ 696 was the invalidation level for the wave 4 pull. Now that it was taken, does that mean the wave 5 push higher towards 740 is no longer the view? Thanks!
@Notofworks7 Agree, issue I see is markets are extremely overbought and have 5 waves up off the low in March. BTC coming into resistance just as markets should give a pullback. Difficult for BTC to breakout in that environment unless it moves inverse the market. I am long but still cautious