CryptoKittenXx

GM = Gambling Macau!

I’m not bearish on BTC until daily RSI hits 70+ into over bought range which would put BTC roughly around the 100MA on the daily around 80K-80.6K. There is more liquidity stacking above than below as longs from the bottom continue to close as this counter trend rally continues higher. MMs go after liquidity and the higher the liquidity stacks on BTC the higher BTC goes. Not a hard concept to follow.

Plz for the love of god to all you perma bulls don’t get trapped if MMs decide to give BTC a weekend pump. As of now perps are leading the pumps while spot is selling into them heavy. Until that technical flips, over leveraged people longing are just becoming exit liquidity.

BREAKING: Gold prices fall below $4,350/oz, now down over -5% since futures opened. That’s -$1.5 TRILLION in market cap in 3 hours.

BREAKING 🚨: Gold Gold suffered its biggest weekly decline in more than 40 years 📉📉

Trump isn’t stupid…. He posted on Truth Social about the war after markets closed allowing a slight recovery… Then this weekend we’ll most likely see escalation head lines as Iran refuses to back down regardless what damage we’ve done over there. 3 words tells you everything you need to know that at no point soon the war is ending. “Consider winding down”. I don’t expect this war to just all of sudden be over, If you want me to be honest I feel this could last quite a few more months if not longer. When OIL prices are back to the ranges or lower prior to the war is when the war will be over. Don’t get it twisted, war is good for the US economy and the strength of the dollar when we’re actively participating in it, not funding it. BUT the more powerful the dollar the more risk on assets see declines/downtrends including crypto. Stronger dollar = weaker risk on assets. Weaker dollar = stronger risk on assets People try to compare the Ukraine war during Bidens Presidency as a market bottom when in fact during that time money was still being printed, money was being sent to other countries and that made the American dollar become weaker that’s why the market “bottomed”. Risk on assets had more value than the actual dollar. Trump isn’t giving anyone money, he’s getting involved in the fight, there is a big difference in funding a war and participating in a war. Money is spent in both aspects but when you participate in war it make America look strong which make the dollar strong (Trump). When you fund a war and stay out of it, it makes America look weak which makes the dollar weaker. (Biden)