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Crypto Raven
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You wake up to $
BTC
like this, what’s your initial reaction? 🤨
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U.S. government bond yields are spiking sharply. 🚨 That's bad news for $BTC and risk-on assets in general. We need them to cool down for the next leg up. #USBonds
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The $BTC Fear and Greed Index is currently at "EXTREME FEAR." 🚨 On the other hand, the stock market Fear and Greed Index is approaching the "Neutral" zone. I believe crypto will catch up soon, as it appears very close to the bottom. #CryptoRally
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Market experiencing a heavy hit as of writing this. $ETH will likely look for a support on $2,900. Expecting that to hold for the next $3,500 push. 🚀 #CryptoRally
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$BTC is trying to break the LPSY (Last Point of Supply).🔥 Every time Bitcoin has hit this trendline in the past, it has been rejected and fallen lower. We need a strong break and close above this line, and to stay above it, for the next leg up🚀 #CryptoRally
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The $BTC liquidation map clearly shows significant liquidity resting on both the long and short sides. These are the moments when the market tends to get choppy and confused. 🚨 Bitcoin will eventually hunt both sides, it’s only a matter of timing. Stay cautious and make sure you’re using stop-losses. #CryptoRally
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