You may need to lighten up your crypto portfolio !!!
Your faith in crypto will be tested in the following months !!
With the legacy markets turning down for another crash wave, the total cryptomarket will follow !!
There has been a VERY HIGH CORRELATION between stock market and crypto recently.
We will most likely go down below 100 B and eventually below 50 B.
Many people will get liquidated since they will be forced to sell at a time they would not.
I am building some cash - just in case.
If the market goes up - I am fine, since I still have a heavy position.
If it goes down heavily - I have the choice to buy on the cheap once I have paid all my bills !
Stay safe out there and hope that I am wrong.
With the legacy markets turning down for another crash wave, the total cryptomarket will follow !!
There has been a VERY HIGH CORRELATION between stock market and crypto recently.
We will most likely go down below 100 B and eventually below 50 B.
Many people will get liquidated since they will be forced to sell at a time they would not.
I am building some cash - just in case.
If the market goes up - I am fine, since I still have a heavy position.
If it goes down heavily - I have the choice to buy on the cheap once I have paid all my bills !
Stay safe out there and hope that I am wrong.
Nota
Setup INVALIDATED for now ....Total MarketCap just crossed 200 B again !!
Could this be a giant fake out ??
Nota
Or could it just be a back test ??Time will tell....
Dagangan ditutup: hentian tercapai
I WAS WRONG ON THIS ONE !!It was a big nasty final shake out !!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.