About meThe material I post is not finance advice. I'm not influenced by anyone's bias or social commentary. I simply express my thoughts and opinions on the markets based on what I'm able to see. 20,000+ hours spent charting and watching BTC since 2017.
The Dow Jones' recent weekly close displays a significant wick to the downside after finding a new local high which was most likely caused by a mini cascade of stop losses being triggered alongside liquidation events from short traders since the local bottom of 28,500.
The recent volatility in price swings suggests the market may have found the liquidity it...