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CRYPTO THOUGHT OF THE DAY
I know Jane will kill scalpers…
High leverage + risky trades in this environment is pure suicide.
US stocks are at all-time highs.
After such a strong rally, they should consolidate sideways for the next few months.
It will be interesting to see how crypto moves in this environment.
Till now we’ve only seen dead cat bounces in crypto — no real sustained move yet.
So don’t get confused.
$BTC have to bounce above rising wedge $82500
OTHERS Mcap should jump above $205 Billion
BTC dominance should be go below 60
BTC /Nasdaq ratio should move above 3.0
However, for the 2–3 year timeframe, this is once again a good zone to accumulate coins.