4 months from now when all is said and done will see where we stand
I believe the qaurter is yet to offer that insane discount on your beloved crypto coins
We are closer to a bottom than a top that much is obvious but people are sleeping here thinking the momentum is waining
I think the next 8 weeks will be a volatile time for risk assets across the board
I will continue to beat the drum and sound the alarm
You shant shake me in my resolve
#BTC
Picture perfect aint it
Sorry for the haphazard annotation
But those that follow me for long time catch the drift of what im trying to illustrate here
Basically we are enroute towards that previous month vwap (if it wants to stall there then that would be constructive for short term relief)
Otherwise expect continuation towards bottom side of distribution
Was a slower week but I suspect $BTC puts in some proper move this coming week
Splendiferous
G'day will drop more meaningful thoughts on market later in week
in the meantime, here is a snap shot of the books on coinbase
Holy Beara why is this incumbent so insistent on sitting on price here?
Bullish?
Bearish?
Wrong answers only 👇
#BTC
Not exactly a strong reaction off the 90 day
if we find ourselves below it to start the week
its ok to give yourself permission to click red and walk away
the ball is in the bulls court here
Bears are comfy
#BTC
Spot offloading longs piling in
big liquidation clusters below
im calling interim top here on $HYPE
And those that say you shouldn't short an asset in "price discovery" clearly do not play on the same timeframes as me
Volatility is your friend make use of it
low 60s and mid 50s are next imo
invalidation above the highs: call it 72 and change
Peace to your mothers
AI stocks unwind hard
Energy catches a second wave of bid
Dollar index breaks out with force
Implied correlations tick up as volatility enters the chat again
$SPX drops 10%
$NDX drops 15%
$BTC overperforms to the downside
This is my prognosis over the coming weeks
Summer is nigh