It's fkin grim out there today
On one hand we got a metric fuck ton of BTC shorts @ range lows w/ negative funding
On the other hand, there's just no bid anywhere
We either setting up for a gargantuan short squeeze during NY or these shorts gonna act as momentum drivers to nuke through $90k
Idk what's gonna happen tbh, Monday range gonna be a fun one to play rest of week but yea looks grim
So
1. market sells off quite retardedly hard
2. legacy issues are pointed as explanation
3. yet bear porn candles continue
4. something knows something
5. get confirmation after 24 hours
6. news of DoJ 6.5B
7. everyone know now
8. last panic sells
9. right about now
Bulls have got to long the bullish set ups. Dxy has been hoovering around this price levels for ages, shit dumping all over, including majors, think stab at longing dxy, with stop round 106.00. Target 121
I'm telling you take partial profits while shit goes up
Then you can look at these moves and be happy you sold some, and when it goes back up you're happy your bags are up
Instead of panicking because you see life-changing money disappear without having anything to show for it