The Final Happening and What it Means
Today, we saw XBTUSD capitulate to a new low from the previous range. Many alts, mainly ETHUSD, followed in hot pursuit. Many speculate this as the bottom and might be considering the all in trade, aka "going for lambo", but what does the market really tell us currently? The market is screaming, "Im going lower... if you try to stop me, I WILL eat your flesh. We are currently suspended here in artificial animation, and I predict another leg lower. Hopefully, we will see a $1000 to $2000 burn soon on XBTUSD that will resound throughout the Alt markets. Any small account traders... beware. Do not fall folly to the machine.... don't become the reason we crash through 8k, but rather be the reason we bottomed out at 6.7k!!! Whether we stop there or not is irrelevant to me, but to the retail traders getting boofed... take a stand and don't let yourselves fall victim to these market maker tricks. They're literally being performed by robots... you're allowing a machine to determine your future... head my warning, and that all ends today.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.