As soon as we break out of this trend, we will see volatility return to the market.
The longer #Bitcoin takes to choose a direction, the more sharp the movement will be.
I've shared $ZIL earlier and that one made a beautiful run for 25%.
Heavy correction since, on support right now. Wouldn't massively hit the long until confirmation of the trend switch.
Looking at a flip of $0.053 and/or levels at $0.048 or $0.045 for setups.
The inverted #Bitcoin chart is beautifully exhibiting the "Three peaks and domed house" pattern
It's now at the roof stage. I have drawn 2 potential paths. I think going back in a V-shape to the 40k area by July is a realistic possibility
Inflation in the US at around 9%, and most European countries are close to double that
This inflation is calculated on the basket of least inflated assets
These assets also go through something called shrinkflation (Product gets smaller)
The real overall inflation is 50-100%
$RUNE
swept 3 eq lows, with confluence of price being away -1o from this range's mean, trying a mean reversion play here #Falconswaps
stops are wide (-28%)
It's positive to see a #BTC bounce here but it's not a substantial change to the trend, macro-wise
$BTC is still at the bottom portion of the Macro Range Low, just below $32000 resistance (orange)
#Crypto#Bitcoin
The #Bitcoin 20K range may be a psychologically stressful range for those that thought such numbers were next to impossible.
And yet a focus on the real values of the retracement, as comparable to the past, takes the sting out of it.
The ETHBTC chart shows that #Altcoins and #Ethereum are in a bubble compared to #Bitcoin . ETHBTC lines up perfectly with Nasdaq dotcom bubble structure. The bubble is disguised because it's not so visible in ETHUSD or BTCUSD pairs
Final #Altseason in 2022 👌👌
WINNER WILL ANNOUNCE ON 22/5/2022🔥
With the panic of the #Crypto market crash, We still believe in #FALCONS
1. Changed your profile avatar into Falcons logo.
2. Tweet and mention "FALCONS WILL GROW MORE" with hashtag #FALCONS
3. Retweet this post by tagging 3 of your friends.