kiashedgefund

today (Tuesday 11/8/22 was the biggest 24H Day. Now what?

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
on the Daily time frame no other day chart has had the volume we had today. Could be FTX dumping assets could be manipulation. Who knows. According to Midterm history charts we should rally by end of year. Next year we will see the biggest dump on BTC, fortunate thing is you can get those short positions ready so Q1 2023 you make money. Only counter that I see is if Crypto Regulations get induced right away causing markets to pump

STATS: mon june 13th red candlestick to downside -16% 6.1B volume on 24h chart
fri aug 19th red candlestick to downside -11% 6.1B volume on 24h chart
tues sep 13th red candlestick to downside -10% 9.3B volume on 24h chart

TODAY TUESDAY so far -9% 12.5B volume on 24h chart

Macro: bearish
short term: bullish

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.