BTC has to hold here and has to bounce for a chance to hit 50k again.
The breakout and re-test out of the turquoise diagonal and landing both on vertical and horizontal support is giving it hope for a mini rally. If it doesnt hold here, look out below as there really isn't much support. Risk/reward is not that appealing. I am playing it anyways though.
Michael Burry had to come out of his closet and make his comments. Why are they all raining on our party? We all know he is not a stupid guy so can't brush off his views and have take it in consideration.
Jerry The Printer is changing his tone a little...sounded a bit hawkish yesterday but we also know that they don't have the balls to raise rates.
Whatever goes parabolic, comes down the same way and then sideways...for a long time. Just look at previous peak and painful 3+ years to peak again. Hopefully some fumes left in the tank still.
The breakout and re-test out of the turquoise diagonal and landing both on vertical and horizontal support is giving it hope for a mini rally. If it doesnt hold here, look out below as there really isn't much support. Risk/reward is not that appealing. I am playing it anyways though.
Michael Burry had to come out of his closet and make his comments. Why are they all raining on our party? We all know he is not a stupid guy so can't brush off his views and have take it in consideration.
Jerry The Printer is changing his tone a little...sounded a bit hawkish yesterday but we also know that they don't have the balls to raise rates.
Whatever goes parabolic, comes down the same way and then sideways...for a long time. Just look at previous peak and painful 3+ years to peak again. Hopefully some fumes left in the tank still.
