here's why i think we may have two major crashes left for crypto. crypto follows the stock market despite whatever you guys want to think. the s&p500 seems to me to be following 2001 exactly right now.

[imgur] [link to imgur.com (secure)]

white arrow on the left is where i think we are relative to today's price. white arrow on the right is today's price under that 100 week moving average.

yellow arrow on the left was when that white 100 week moving average fell below the yellow 200 week moving average. that is called a "death cross." That deathcross was the final crash.

you can think crypto survives this all you want. i'm telling you that it wont. crypto will crash twice exactly like this if the stock market crashes like this.

happy hodling. i'm almost definitely waiting for 2024. the more and more i think about it, i'm waiting until 2024.