Bitcoin breakout Realities NOT popular
Just Because we breakout from the diagonal down trend DOESNT mean that you get to IGNORE the Horizontals. THIS is EXACTLY how #FOMO works.
For anyone not aware of the narrative for this recent PUMP. You need look no further than the general basics of watching the SPX etc.
Stocks are breaking out on earnings as well as market manipulation. Banks and governments are BUYING in order to STOP the entire markets from CRASHING.
Im not the smartest guy in the room maybe, but does that sound BULLISH to you?
The REAL momentum came to crypto and the stocks via #ShortSqueeze
If not for all the absurd amount of $ sitting in shorts, there would have been little to no reason for such momentous moves this last 2 weeks.
As for the narrative of the Mid/term and or seasonal Holiday rally. Well those are also a KNOWN SCAM and FABRICATION of the markets. This year not only being not different BUT MORE SO.
Just ask the banking powers of Japan, maybe you can have your secretary call theirs and setup lunch.
Remain calm and plan ACCORDINGLY.
Until further notice.
NOTHING has changed. We are STILL in a BEAR market and we are still in a DOWNWARD trend.
MOST important thing to be focused on is NOT gains immediately. IT IS capital preservation. Without access to that you will be making 0 trades.
For anyone not aware of the narrative for this recent PUMP. You need look no further than the general basics of watching the SPX etc.
Stocks are breaking out on earnings as well as market manipulation. Banks and governments are BUYING in order to STOP the entire markets from CRASHING.
Im not the smartest guy in the room maybe, but does that sound BULLISH to you?
The REAL momentum came to crypto and the stocks via #ShortSqueeze
If not for all the absurd amount of $ sitting in shorts, there would have been little to no reason for such momentous moves this last 2 weeks.
As for the narrative of the Mid/term and or seasonal Holiday rally. Well those are also a KNOWN SCAM and FABRICATION of the markets. This year not only being not different BUT MORE SO.
Just ask the banking powers of Japan, maybe you can have your secretary call theirs and setup lunch.
Remain calm and plan ACCORDINGLY.
Until further notice.
NOTHING has changed. We are STILL in a BEAR market and we are still in a DOWNWARD trend.
MOST important thing to be focused on is NOT gains immediately. IT IS capital preservation. Without access to that you will be making 0 trades.
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