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Crypto bottoms when we have our next "world event" similar to covid pandemic
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[quote:nemo_solus:MV81Mjc0MzUyXzk4MzkwMTkwX0I4RUJBQTJG] Howdy Cheese! Things are looking nice and green today, hopefully your trades are going well too! [imgur]https://imgur.com/a/kI2KSQ4[/imgur] Looks like BTC has made a decision to test the upper resistance zone. Closed the day testing the MA100 (blue) and is working towards the MA200 (green) next on the daily chart. [imgur]https://imgur.com/a/wS566PA[/imgur] Cash has really picked up moving into the market since yesterday, now at approximately 62% of the way to the expected target of the lower support line. Still in the same long trades, trailing stops as before. Still considering this an exit pump until proven otherwise. I'm not sure how long the run up will last and of the mind that although there may have been some semi-OK news on the FTX front today, the full damage to the market is still there and just waiting to be recognized. [/quote]
Original Message
15.6k is not the bottom.
Crypto will bottom when we repeat the march 2020 "covid pandemic" market crash. Politicians will use this "emergency" to begin their money printing and cause assets to begin their bullrun.
We are not bottomed yet.
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Original first post below
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Thought I would log in under my account because my last post was as an anonymous coward.
Anyways.
I told you xrp would dump at 1.70 last year down to 50 cents. I was perfectly correct while you all flamed me for months.
I told you 69k was the top for bitcoin and you all flamed me for months.
I told you 48.2k bitcoin would resume the bear market due to a bearish gartley harmonic, along with hidden bearish divergence on the daily RSI, classic bearish divergence on the daily macd, 3day RSI trendline resistance, 400 day moving average resistance and 200 day moving average resistance. I told you this on march 29th the DAY bitcoin hit 48.2k. If you can't tell, i'm fucking proud of this one. Told you bitcoin would come down to 20-24k back then.
And i've told you that we are not bottomed yet. I told you 17.5k was not the bitcoin bottom. I told you multiple times.
This won't bottom until everyone is hopeless.
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