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$BTC
I've been up all night to see it break 61000... please go!
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$BTC I can finally SLEEP
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$BTC I don't think this is the US 69k BTC sell-off, but here's what it could look like! The average BTC Vol on a 5 minute candle is about 80 BTC per candle. If the US sold all 69k BTC at once, at that average pace, it would mean on top of regular trading volume, we would see 72 hours of red candles. This would devastate the short-term price of bitcoin and liquidate millions of dollars. Realistically, the US will likely take a more principled and reasonable approach which is to hold, or sell off at much larger intervals.
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$DOGS I posted this about HMSTR but it's your turn now. Why are you guys even interested in buying $DOGS ? It costs you no money at all to switch to holding a more well established coin like SOL, ETH or BTC. Even for memecoins go for solid ones like PEPE and WIF with properly established market caps and communities. Why not DOGS? Because DOGS is a layer 3 token with literally 0 technological value add, you can't even consider it a meme coin, and only ever had value when the whole Pavel Durov case was big. Nobody really cares now, this project has lost its steam. That's how it is with all Ton based coins. Don't believe me? Take a look for yourself at CATI, HMSTR and so on. If you still want to trade this coin, you can and you can make a lot of money. Just trade short. Crypto is unique in the sense that it has so many garbage coins you can just short. Equities are backed by businesses that can always improve their valuations, garbage coins cannot. Just switch to a different coin all together if you want to be a bag holder. This coin may one day rocket and I may be wrong, but would you be able to afford to hold your positions for a day that may never come? Would you not have been better invested elsewhere? Save yourself. #tradesafe
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$WIF Took awhile to play out but I was right! Now we will test around the 2.3 regions. I anticipate a fall below should there not be bullish news coming from FOMC meeting minutes tonight.
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$WIF is showing quite a bit of strength and is only slightly lagging due to bitcoin trending down, but is moving much less in magnitude than bitcoin is. Depending on your view, this could be a bullish or bearish confluence. My perspective is that I anticipate it to fall in the coming days and test 2.3 levels for support but for today it is difficult to justify taking a short position. That said, I have a short open from 2.55+ so I am comfortable holding it down. Stop loss at 2.53 so I am guaranteed a profit. #tradesafe
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