No crazy reversal in prices today.
Yesterday, we saw the most volume for Bitcoin on Coinbase in nearly a year. Obviously, net selling.
Today, we had even more volume, setting a new yearly record. But, the buyers squeaked out a victory.
🤞 https://t.co/pBNMWuPTlV
Yesterday, we saw the most volume for Bitcoin on Coinbase in nearly a year. Obviously, net selling.
Today, we had even more volume, setting a new yearly record. But, the buyers squeaked out a victory.
🤞 https://t.co/pBNMWuPTlV
LUNA continues to crumble as TerraUSD (UST) is unable to regain its peg to USD all day, and now heading back down. https://t.co/z23Gfx3ea5
I sometimes search for what the most pain trade would be. Everyone believes a bear market now. Imagine this playing out, everyone chasing an inverse head and shoulders, yet it reverses at retrace levels.
Because, what is it really? An Inverse Head and Shoulders? Or... An ABC.... https://t.co/WgZ4u5C3OV
Because, what is it really? An Inverse Head and Shoulders? Or... An ABC.... https://t.co/WgZ4u5C3OV
The Dow Jones pierced the low yesterday, but now, it's definitely a lower low.
Quite concerning for stocks. https://t.co/GYp0vEq97s
Quite concerning for stocks. https://t.co/GYp0vEq97s
CHAOS IN MARKETS as Bitcoin Price Chart QUICKLY Revisits Lows, XRP and DJI New Lows, Ethereum Holds
https://t.co/5F2JxKwbo5
https://t.co/5F2JxKwbo5
It's still going. This is going to be a big thing for politicians... man oh man. https://t.co/ob7k4miv7m
Which has caused a massive surge in BTCUST (Not Bitcoin valued in dollars, but valued in the UST stablecoin). https://t.co/Xn7qcy4VMZ
Terra's UST stablecoin has lost its peg to USD, currently at $0.70 per $1.00. https://t.co/yiZa1N66u3
That's the opposite of a monster green candle guys...
Markets continue in a straight line down. XRP takes out year+ lows at $0.50. ☹
BTC hits $30,400, putting Michael Saylor's Bitcoin bag in the negative. https://t.co/UdSkS3Xf5R
Markets continue in a straight line down. XRP takes out year+ lows at $0.50. ☹
BTC hits $30,400, putting Michael Saylor's Bitcoin bag in the negative. https://t.co/UdSkS3Xf5R
Going to do my normal morning things now. Stepping away from my desk for an hour.
If you guys decide to print a monster green candle while I'm gone I'd be cool with that. https://t.co/4liNKtoZBJ
If you guys decide to print a monster green candle while I'm gone I'd be cool with that. https://t.co/4liNKtoZBJ
Dow Jones officially pierces the lows from February.
Yuck. https://t.co/cgUX3Bmrzx
Yuck. https://t.co/cgUX3Bmrzx
DRASTIC MOVES ON BITCOIN PRICE CHART, Altcoin Market Follows, Ethereum Reaches Level, Eyes on Stocks
https://t.co/zNRIxaKEob
https://t.co/zNRIxaKEob
Bitcoin closes the week below the 100-week moving average.
Both previous times led to capitulation to 200-week moving average in 2014 and 2018.
Today's chart has many differences from those two times, and those two times were very similar to each other.
Big dive in tomorrow! https://t.co/0NLF0K0Y0U
Both previous times led to capitulation to 200-week moving average in 2014 and 2018.
Today's chart has many differences from those two times, and those two times were very similar to each other.
Big dive in tomorrow! https://t.co/0NLF0K0Y0U
Ethereum's progress compared to Bitcoin's 2018 topping. https://t.co/4oR8fTq5f9
2) At the same time, it is piercing it's 100-week moving average. We only have two reference points for when this has happened, and it wasn't pretty for the Bitcoin bulls.
There is still a little over 24-hours till the week ends. So, Bitcoin needs a quick recovery to avoid it. https://t.co/oGXi6jDzyW
There is still a little over 24-hours till the week ends. So, Bitcoin needs a quick recovery to avoid it. https://t.co/oGXi6jDzyW
1) With Bitcoin piercing lower, a couple of observations to notice.
It's officially at the bottom of it's parallel channel from the last year and a half. https://t.co/FW21QVDekV
It's officially at the bottom of it's parallel channel from the last year and a half. https://t.co/FW21QVDekV
LIVING ON THE EDGE Markets Balance on Support for Bitcoin Price Chart, Altcoin Market and DJI
https://t.co/2YAPE8sYpy
https://t.co/2YAPE8sYpy
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