Stock market is at a death cross the 200MA and 50MA crossed signaling a downtrend.
$BTC reached 86k liquidity yesterday , more liquidity at 87k, there is slight possibilty for Bitcoin to reach 88k.
Eliott wave indicates an upward movement toward 90/94k to be complete. However, other technical indicators suggest a down movement towards 78k a good time to buy before 74k last support. if 74k support is broke, bull market ends.
Not expecting much from the Fed meeting today — rates are likely to stay unchanged. If there's a surprise rate cut, we might see a small market uptick. However, most people have already gone long based on expectations and locked in their profits.
im still waiting wether China will announce a #BTC strategic reserve for market reversal otherwise im still bearish. support 79k 72k 69k upward movement starts after breaking 90k good luck
Spot traders, technically, the bearish eliott wave should end anywhere between 0.2 and 0.17. real danger starts below 0.17 down to 0.1 however, $DOGE is in a reversal phase now , and you can set your fibonacci retracment from here.
Investors were seeking quick profit which diverged there attention from old coins like $DOGE and invested in new coins. This drained liquidity from coins like Doge.
Good news, recovery is on its way. Thechnical indicators are still showing a bullish momentum in the short term.
DCA is the name Profit is the game. Market could be tricking us at this point the bull can start at anytime. hold on to your coins and buy the dip $BTC $DOGE
both are success stories, one inspired, the other did it.
КUrva bober
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$TRUMP What do the people in the photo have in common? One played Jordan Belfort in the movie (The Wolf of Wall Street), and the other in life. So, March 2021, Musk publishes a tweet that crypto is the future and launches one of the first meme coins - dogecoin. And also reports that he bought btc and is capitalizing on bitcoin in every possible way. 2 months later, on May 1, he publishes a tweet that he was wrong, crypto is garbage and he sold everything and no longer believes in crypto (now we see that this is not the case). As a result, the crypto collapsed, dogecoin sank by 4 times, btc by 2 times. Millions of people were left in the red, but Musk was in a huge plus. In the language of financiers, this is a scam and DiCaprio's hero, Belfort, was imprisoned for this. He artificially created the price of cheap shares, artificially created excitement, and then sold the controlling stake at the peak for huge amounts of money, leaving other shareholders with nothing. So why wasn't Musk held accountable? Because crypto does not have the status of a monetary unit, is not a digital currency, so it does not constitute a crime. You may ask, what does Trump's currency have to do with it? It is foolish not to notice the close connection between Trump and Musk. So what awaits us? The growth of memecoins or a collapse? Answers in the following posts.