Ouch, my wallet
Cryptocurrency / Bitcoin Market analysis 9/19
Yesterday, a completely predictable gap was filled. Can’t say anyone saw it coming. Not even @nap_trader, whoever that is.
Afterwards, BTC proceeded to go sideways and bart before going up and liquidating the hell out of shorts on basically nothing. It looks like retail is withdrawing a bit, but also that OI is consolidating on minimal amounts of anything.
See the volume faing on this scam pump?
That’s not bullish.
Charts are overall macro as bearish as ever. It hasn’t really changed.
One thing has, however. And it’s a doozy. Just in time for JPOW to talk money printers Wednesday, we have exceedingly high eth/btc on exchange per theblock . Different results on @messaricrypto, but who knows who is right.
Overall, we are primed for a very aggressive dump. And I’m short $BITO.
New to trading? Try crypto trading bots or copy trading