$BCH breaking out multi month trend
$LINK ETF launch rumours
$TAO halving before end of next week
$SAPIEN might be the leader if robotics become an emerging narrative
@AltcoinSherpa asians are more familiar with the robotics stocks over there.
Doesn't hurt to top blast here with something small and see where it takes imho
BTC And what is next.
Last week price stopped dumping and started to form a bottom and some up potential but yesterday market dumped and took out the late longs + trapped more shorts.
Momentum starts to turn bullish on the short term 5h . With Bull Div since yesterday.
OI up 1.5 Bil Since Yesterday
Funding is still low
LS going down
Bid/Ask Still strong
For now all signs show we should move to 97k and maybe close to 100k as we slide into the FOMC
Finally today market seems to chill and dump seems to be over for now. More than 1 Bil liquidations today and OI did go down , funding is low and probably will be negative soon if we reclaim 85k and push to 90k . Today marked the biggest dop in history in price overall .
OI down ✅
funding low ✅
liquidations ✅
bid/ask 20% ✅
spot volume ✅
big wick down ✅
LS going down ✅
Reclaim 85k and i think is possible to get back to 107k max or at least 95k . #BTC
OP is talking out of his ass with no FA to back it up. Let me oblige:
-Funding is positive across ALL cexes
-L/S ratio is at a high level...no one is actually shorting
-Coinbase premium is consistently negative but not at extremes...just steady heavy sell pressure
-fear is indeed high
Bottoms are formed in capitulation not in this slow downward spiral. I think we ultimately go lower but given its the weekend hopefully we go to at least 88k. 🤷♀️
$ZEC if it breaks below $550 and not recover back above within the next 24 hours.
It's gonna invite tons of bears with leverage to short the shit out of it
$BTC volume decreasing while price is slowly grinding up on the hourly and 30min
It already failed to break above $85.5K 3 times today!
I might be wrong but I don't think there's a '4th time is the charm'
Watching $BCH closely. Just took a scalp and exited.
Needs to stay above $530 for me to enter back
The next $ZEC?
Thats a big claim.
All eyes on $BTC obviously
Anticipating a fake out from $BTC
$SPY closed downwards
If it can't break $85.5K in the next 15min, Then I think we saw the local high for the day.
I might be wrong.
But I rather play the probabilities.
$BTC has been mirroring every step of $SPY
Not chasing the last leg up