Why is crypto crashing today? Here's exactly why:
Crypto's downturn is being blamed on just about every possible thing, ranging from Iran to the Fed.
However, the answer to this question is actually quite simple when you look at the flow data.
Why is Bitcoin below $79,000? It's entirely a liquidity situation.
As outlined in this chart, there have been 3 well-defined liquidation waves, totaling ~$1.3 billion over the last 12 hours.
In a market where liquidity has been choppy at best, sustained levels of extreme leverage are resulting in "air pockets" in price.
Couple this with herd-like sentiment, constantly shifting from extreme bullishness to extreme bearishness, and the swings become even more aggressive.
It's a great time to capitalize polarity in emotion and price.
Gold is telling the future:
The S&P 500 is in one of its strongest bull runs in decades, up +1,650 POINTS in under 5 months.
Meanwhile, Gold's YTD return just hit +37%, nearly 4 TIMES more than the S&P 500 YTD.
Why is gold crushing stocks in a bull market?
(a thread)
Keep watching oil markets:
President Trump just told “everyone [to] evacuate Tehran immediately.”
Yet, oil prices are up a mere +1.5% on the news.
Oil markets continue to price-in a short-lived conflict.
Ignore the noise and follow the money.
كم جميل أننا اصبحنا ننتظر تشكيل الحكومة الجديدة وان نتطلع لمستقبل مزدهر لبلدنا الحبيب. نتمنى على الحكومة الجديدة أنا تضع مصلحة سوريا والشعب السوري أولاً والعمل على حل المشاكل الأمنية والاقتصادية والعمل على حصر السلاح بيد الدولة فقط. سوريا. كل عام وجميع السوريين وسوريا الحرة خير
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https://t.co/G3vCVNR4sN
From what I learned about @Lingocoins
- Reposts, replies, and your number of followers boost your raft.
- I have a 50x boost so interacting with me is a plus for me and you
- The higher your raft, the more $Lingo you’ll earn
- Everything wraps up by December 10.
- Do whatever you can now to secure something tangible before it’s too late
5 more days to go.
#Dreamscometrue $Lingo