I don’t understand how you have such a crazy doom and gloom possible projection count on SPX down to 40-50+% then have BTC only going down to mid 20-30k levels thats just not congruent with what you have on SPX. Not that they are a 1-1 relation but for a while they have pretty much followed each other not to the T but pretty similar. As liquidity drives prices.
There are a dozen alternate counts that can occur, but having spx and btc not match up like that is a bit confusing. Just tbh.
The longer term shows it blue evented back in Jan; and now rising to just beneath the underbelly of the blue event line. https://www.tradingview.com/x/SCiX2nbo/
Ye this was my best trade of the last few days with a nice position from 81. Smaller time frame blue line exited though. The longer term structure you show is kinda concerning too. While it looks super bullish zoomed in, I can’t help but see a 3 waveish B that just poked into ATH territory. Perhaps this is 1of3of? that just went in and we have another surge into price discovery to ride, but booking profits here and reevaluating is what I’m going with atm.
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I don’t understand how you have such a crazy doom and gloom possible projection count on SPX down to 40-50+% then have BTC only going down to mid 20-30k levels thats just not congruent with what you have on SPX. Not that they are a 1-1 relation but for a while they have pretty much followed each other not to the T but pretty similar. As liquidity drives prices.
There are a dozen alternate counts that can occur, but having spx and btc not match up like that is a bit confusing. Just tbh.
I didn’t say that BTC has a target of $20 to $30k….it could be $14k by August of this year.
My spx analysis is trend based as shown in the videos.
I’ll be a bull if this happens: https://www.tradingview.com/x/2iibXz3u/
I’ve made this VERY clear on ALL my videos thus far.
Interesting to note:
https://www.zerohedge.com/crypto/bitcoin-slides-report-russians-seek-liquidate-billions-crypto-uae
Luna just crushed it …
The longer term shows it blue evented back in Jan; and now rising to just beneath the underbelly of the blue event line.
https://www.tradingview.com/x/SCiX2nbo/
Ye this was my best trade of the last few days with a nice position from 81. Smaller time frame blue line exited though. The longer term structure you show is kinda concerning too. While it looks super bullish zoomed in, I can’t help but see a 3 waveish B that just poked into ATH territory. Perhaps this is 1of3of? that just went in and we have another surge into price discovery to ride, but booking profits here and reevaluating is what I’m going with atm.