$BTC #BTC#Bitcoin
Got it ๐ช
Massive RSI divergence on every high timeframe ๐
Great start to Feb, exactly what we needed๐ฅ๐
All eyes on the weekly close above $42/43k now ๐
Shorts still haven't unwound their positions
Rare squeeze opportunities that come once in a ๐ต๐
$BTC #BTC#Bitcoin
Most don't remember this, but was one of my biggest wins ever
Almost exactly same day, 3 yrs ago, same downtrend, same PA on the b/o
Massive short OI cornered so hard rn
These are once a yr/career type opps
if daily closes ๐ช
๐ฏ$48-50k end of feb ๐
w/ context..
$IWM $SPY $QQQ $DIA โจ๏ธโฌ๏ธ all day
& high beta still lagged hard..
mega cap tech led $NFLX $TSLA $NVDA
high beta barely ๐ข, most flat
note: HB barely participates when mkt is ๐ข, heavy when mkt is ๐ด
will go on all yr, more โฌ๏ธ to go there
https://t.co/RkFa65Ysr5
They will follow through with their QT plan as they've prepped the mkt for months now
So use the volatility the next several weeks to your advantage to size down if you haven't
& If high beta starts to lag the overall mkt as the yr progresses...
$SPY $DIA $QQQ $IWM $BTC
$BTC sized up again last night
Ascending triangle looks rdy to b/o of falling wedge w/ vol
Feels like about to trap shorts as fundings turned -ve for the first time since before the run to $69k
๐ฏ#1: $44k
๐ฏ#2: $47k
Eyes on the 4h RSI to indicate when rally could top if we go
All out this $BTC again
$SPY $QQQ indicies in a tough spot
I think we work ourselves out of here but surprising we haven't squeezed out of these lows yet
Given all the pent up put hedging & Vix backwardation followed up by some strong e/r from big players this wk
@jrichlive This is absolutely comical, everyone is trying so hard to exclude $TSLA & Musk - and they're getting rolled over like an absolute freight train