Well not new as Ive been buying ICP for weeks now but here is a great video.
https://twitter.com/BobbyO_/status/1832441578830659682
And above all you should be buying BTC..
This should be shown in text book trading 101 perfect DXY double top with DCB i mean to the T.
At the top of every massive green BTC candle there is a single chair.
Btw that's the longest dxy downtrend to not be translated to bitcoin in history!
You can literally find no other 6 month downtrend in DXY's history to give zero returns to bitcoin.
That may be a sign that bitcoin is maturing and turning to a thing of its own. Ooor It may not, it may be the market getting back at us trying to trade based on actual indicators that mattered for ages (and once it does, it goes back to respecting them, who knows.
This period will never cease to amaze me though.
The dollar in a 6 month downtrend and bitcoin in ... distribution of all things, in the same time. There were literally people selling bitcoin at a time that the dollar was weakening hard and it was the concensus of the market ttoo.
Crazy period!
Side note been buying SQQQ as a Hedge on all dips. Cover all directions.
No comments:
Post a Comment