21EMA/Monthly high probability for local bottom/relief rally @ $87.5k
21EMA aligns with the 50% fib levels
2 closes below 50EMA/Weekly historically implies beginning of bear market..
ALTS will continue to bleed as BTC tries to reclaim the 50EMA/W
@Litecoin community was so hyped yesterday. Have they not learned yet ? Been calling for $80s… But $50s is just crazy 🤣🤣 Unfortunately LTC is a local top indicator
Global bond markets are fully rejecting the Fed’s move. A rate cut on paper means nothing if yields keep climbing. The irony is your mortgage still gets more expensive