@heystevetan It has been a crazy 10 years since Iβve known you brother.. i have no doubt you will crush it in your next venture. Looking forward π₯π₯
@Trader_XO@PrimeXBT@Trader_XO@PrimeXBT I joined season 1 (paid substack subscription) and also just followed the steps in google form with primexbt last week but have yet to receive any email. Appreciate if you can take a look. Thanks brother π
4/ Saturday
Bitcoin & Ethereum sold off.
Once liquid markets break, crypto follows. Leverage made it violent.
This wasnβt chaos.
It was a chain reaction:
Small caps β Dollar β Equities β Metals β Crypto
Liquidity tells the truth. Always has.
1/ This week will be studied for YEARS.
Markets didnβt crash randomly.
They unwound in sequence.
π§΅ Hereβs how it really happened:
Monday
Russell 2000 rolled over after new highs (2838).
Small caps always break first when risk exits.
Why is crypto crashing today?
Itβs liquidity.
Bitcoin below $79k isnβt fear.
$1.3B wiped ver the last 12 hours:β¨β’ Thin liquidity = air pockets
When leverage stays extreme in a choppy market, price doesnβt fall β it falls through.
Add herd emotion flipping from euphoria β panic
GG. Crypto markets extend losses as over $780 million worth of levered longs are liquidated in 30 minutes.
Bitcoin just erased $60 billion in market cap in under an hour.
What a time to be a trader. ππ₯²π€―π±
Will $RIVER bounce at SMMA 50 and trendline again or rugpull straight down?
@justinsuntron@CryptoHayes profiting huge from this project. Are we going to $100? π
BTC got rejected at 90,307 resistance and also SMMA 50 on a 4H time frame. Weekend coming soon, might move sideways. Question is are we going to sweep $80K-$84K lows?