MMs are keeping the circus going just a bit longer but do not be mistaken, your time is running out on this ponzi scam. This is how I see it playing out over the next couple months. The world will be a better place when this goes to zero.
'Everyone has a plan until they get punched in the face' - Mike Tyson Great quote, I think it applies to CRYPTOCAP:BTC , it feels kinda pointless tbh.
You guys are quick to invalidate the other dude who posted but his lines were to early, I think this is still in play, just needs a little more time to work itself out.
Rumors are they are going to get bought out: www.reuters.com Chart says it goes through and this bodes well for NASDAQ:ANSS holders. regardless the set up is pretty nice.
I mean does it get more textbook than this BEARISH setup?? I will be buying NASDAQ:SMST as this really begins to BREAK DOWN soon. People will be buying in the 280s to only be trapped and extracted for more exit liquidity as it continues to fall to 220's. Depending on if they print more USDT to FAKE demand for BITCORN it could dive even deeper than that...
This setup is looking pretty nice. Has bounced almost every time at this support, I think it shall for the accumulation highs at my top line.
Ignore the noise and pumper dumper saylor... if this doesn't play out i would be very surprised.
CRYPTOCAP:USDT Saylor, Saramucci and all the Billionaire pumpers trying SO hard! This wedge is a giant net with a bunch of bag holding plebs stuck inside. They will pull the net out of the water soon.
Study pump and dumps and you can assume a roadmap like this. NASDAQ:SMCI , Cathie wood stocks etc. Saylor is a conman with a failing underlying business. YOLO'ing CRYPTOCAP:BTC on behalf of shareholders and people loaning him money IS NOT A REAL BUSINESS. It's a PONZI scam. Don't be fooled.
Feeling strong about this playing out. All the signs are there for the top being in and traps being set my MMs. Retail traders jerking eachother off bout to lose money.
I don't like this PA the daily looks very distributive to me. I say short but you can wait until after the earnings reaction.
Watching the Microstrategy circus last week was such a obvious short. This is a ponzi. Here is the roadmap. Y'all thought NASDAQ:SMCI was bad, at least they have a REAL product. Send this to the GULAG!
I mean look at this bear flag on the futures... Micro Strat is the top signal... 100k is for the birds.. Send this shit back to 10k
This is going to crash and burn eventually. Their core business before taking out MASSIVE loans to YOLO CRYPTOCAP:BTC is absolute trash. This is a flat out PONZI. We all know at some point the music will stop. Also keep in mind that the BTC ETFs actually make more sense to gain exposure for a multitude of reasons. DYOR. From a technical perspective i see a...
They have a busy month at investor conferences so i am leaning bullish especially with more cuts coming but be cautious. These markets have no mercy so if it fails it will Fu** you so hard you might cry...
I'll take a short in this environment, to much uncertainty and a lot of overvalued stocks out there...
This looks like it wants higher... very OG well positioned energy ticker.
This valuation for JD makes no sense but people don't like to invest in chinese stocks... Hopefully some stimulus coming and a great earnings and this thing will fly.