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danupsher
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nice SFP we could start moving upwards from here.
Bitcoin
oversold on the BTC/ES pair as well
#BTC
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BTC
104,274.34
+0.48%
SFP
0.5886
+0.25%
0
0
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danupsher
@danupsher
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Btc/es back to 0% Prob just gunna sideways until trad close. Be interesting to see if BTCUSD pumps after trad close. Would cause a mega alt rally i think.
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Crypto mentality makes people think that a 10% down move on SPX is more likely than a 4.5% up move Price is attracted to liquidity and there is more liqudity at ATH than there is anywhere to the downside. With ATH only a smidge away after such a strong bounce it’s crazy to bet on a huge downtrend. It’s the same story for BTC
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BTC already tapped the 382 fib and the flush argument doesn’t make so much sense for an asset that is spot driven. Sure anything is possible but this feels like a fork breakdown bear trap to me which will likely reverse hard and leave lots of people sidelined again because they got a bit scared
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How we still got people posting pumpfun CAs in our comments in 2025 Move along brother
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People gunna wake and be upset at how much their crypto is down and immediately start calling for 98k or even 86k Bitcoin even though they do not even own Bitcoin We probably just bottomed or got close to it at 101k and will hit 120k before the end of May
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