Hi Traders, Investors and Speculators of Charts📈📉 There has been interesting volatility on BTC in the past 24 hours, with fake news being released on X, alleging that the SEC approved Blackrock's iShare spot ETF (they haven't). Directly from the Cointelegraph website, 16 hours ago: "Earlier today, during routine coverage, Cointelegraph’s social media team...
Transcript: 0:07 Hey there, folks! Happy Monday and here's to a great week ahead. So, let's dive right into the Bitcoin rollercoaster. 0:14 Bitcoin took a wild ride, soaring to 30,000 and beyond, hitting 30,200 in the spot market and 30,600 in futures. Why? Well, some fake news claimed the SEC approved an iShares Bitcoin spot ETF. But, hold on, BlackRock stepped...
The DJI is approaching an all time high of about 278400. This market has become pretty volatile mostly at 30 - 50 minute charts. Although the DJI is pushing north madly, it is a market that is being moth eaten. It's instability is likened to a Jenga tower. The instability is also seen in trend switches down to the 5 minute level.
Well, well - I have to thank Mr Trump for breaking the news that he's gonna raise tariffs on China about an hour before the open of the markets last night. The DJI and loads of other markets took a dive. I'm short of course, and trailing a 2H ATR trendline. On open of the markets there was a gap down of about 430 points. Never before have I seen anything like this...