Quick update before I go to work BTC is holding up well, the FED has injected some liquidity into the market and everything has caught a bid. My thoughts are BTC does a big fuck you move up into 28.5k, but as you can see that's programmed.. Be really careful. Ofcourse could extend a little further, but don't think new bull run is on the cards.. Market when you start to study you realise it likes to tempted you. Rates will still be raised, they will be higher for longer.. things are still gonna blow out.. it's inevitable... BTC will catch a beating - but that's when go hard on the Satage. #Chart image
Arthur hayes has a new essay out talking about the Central bank bail outs this week.. give it a read :D https://cryptohayes.medium.com/kaiseki-b15230bdd09e #Bitcoin
Rejection at around 25.5k and we probably head down and grab all the liquidity resting below 24k. image
I dunno if any of you trade the charts.. but XO has a great take on Macro. https://www.youtube.com/live/9aCy_TEqQpA?feature=share
What books are people reading at the minute?
Been super busy at work so haven't had time to catch up with you thinkers. Here's something from me to you thought, hope you enjoy this tune.. turn it up loud and feel the warmth of your bass bin #Dubstep #Dailydoseofdubstep
Good morning Nostr! Hello to all my fine people. Woke up with this track on my mind let me know what you think of it .. from me to you!