Vice versa, I expect a global reset could take place in years but certainly not too soon, the world is not ready for a recession. We can embrace the bearish cycles as they are part of the ecosystem for new weather conditions, as we can observe with Bitcoin on a downfall of 8 weeks constrictive lows. To no surprise the King Greenback $DXY has been surging to the highest point of ATH as the demand for $USD globally continue to surge due to economical tensions around inflation and covid debt 💸
Crude has been surging to secondary highest price point in 2 years from absolute bottom. The Luna Crush was the beginning of market freefall and panic sells is part of the game as the market maker control the general participants through FEAR especially the retail money… I am not expecting to see $BTC hit covid floor anytime soon but that’s according to the following Quarters where we can expect a negative effect on mainstream market and crypto assets especially BTC as it’s being manipulated.
Expecting $BTC to settle the dust around $12k before it does a retracement back to $28k and that’s the critical resistance where either it makes it or breaks down south to $4-6k to touch covid floor.
Critical times ahead, expect more bull traps and short term rally.
And yes I love GREEN DILDO Candles by BIG BOYS after the floor is swept by Smart Money as retailers always rely on emotions and institutions don’t.
We need to understand crypto is no longer a One Party game, policies, regulations are coming to crypto soon and government knows public has made good use of stimulus with crypto/nfts affiliation so taxes are on the way too.
However, BITCOIN is heading NORTH once departs SOUTH to $100k
Trade Wisely.
#Bitcoin
Crude has been surging to secondary highest price point in 2 years from absolute bottom. The Luna Crush was the beginning of market freefall and panic sells is part of the game as the market maker control the general participants through FEAR especially the retail money… I am not expecting to see $BTC hit covid floor anytime soon but that’s according to the following Quarters where we can expect a negative effect on mainstream market and crypto assets especially BTC as it’s being manipulated.
Expecting $BTC to settle the dust around $12k before it does a retracement back to $28k and that’s the critical resistance where either it makes it or breaks down south to $4-6k to touch covid floor.
Critical times ahead, expect more bull traps and short term rally.
And yes I love GREEN DILDO Candles by BIG BOYS after the floor is swept by Smart Money as retailers always rely on emotions and institutions don’t.
We need to understand crypto is no longer a One Party game, policies, regulations are coming to crypto soon and government knows public has made good use of stimulus with crypto/nfts affiliation so taxes are on the way too.
However, BITCOIN is heading NORTH once departs SOUTH to $100k
Trade Wisely.
#Bitcoin