🚨Bitcoin (weekly) Approaching a key zone!
- Traditionally, both the 21 and 50week SMA are strong support levels in the bull market.
- We're about to see (1-2 weeks) a confluence of the 21 and 50week SMA, circa $75k
- This is a strong buy zone IMO
🚨Bitcoin (daily): $79,800, breaking down
- There's a very good chance we hit $75k this week, also coincides with the 50week moving average
- I'm buying here
🚨Bitcoin ETFs
- Big sell off yesterday $635m, after 3 days of inflows.
- All markets turning risk off right now it seems
🚨Looks like another red day ahead.
- Equities look bearish. S&P is struggling to hold 7650, Semis getting hosed, even the Dow is down pre-market.
- Oil maintaining its $100 level
- So further downside in equities looks more likely.
What does this mean for bitcoin?
- Yesterday was a bad day, losing over 3%.
- We're clinging on to support at $81,600, which is hope for the bulls.
- However, a close on Sunday below last week's opening $83,700 and the downtrend looks set to continue, with $75k almost nailed on...
DB retweeted
10 years ago, you were constantly told Great Barrier Reef was essentially dead
Wrong at the time
Today, spectacularly wrong, with last 5 years top 5 for coral cover
Sources: xitter.cf/BjornLomborg/status/21…
Wrong already then: theconversation.com/great-ba…
Great Barrier Reef: Last 5 years are top 5 for coral cover
Now w/3,937 reef-years from Australian Institute of Marine Science. Thanks to Babicci and @aims_gov_au team for uploading!
Coral cover estimated using a beta model from Status of Coral Reefs of the World: 2025
🚨Longing equities and bitcoin here, shorting oil.
Expecting good news, re Iran, from the WH at some point today. Deja vu 😄
🚨Trump last night, ''We're not negotiating with Iran'', and ''something happens fairly soon''
Markets dump↘️
So expect ''talks back on'' today ↗️
Rinse and repeat $$$$$$$
What a scam😏
