I’ve sold everything!
I think that’s it for a while, folks! Before you take the “inverse OP” approach consider the following:
- Meme coins have started spiking again which normally indicates the end of a leg up
- The SEC just delayed approval of the Ark 21Shares ETF
- Volume has dried up considerably since the leg up on
June 24June 14th - People are overly bullish in this forum
- We still have many months until the halving and bullishness usually proceeds it, not precedes it. We often get a considerable correction before the halving
- August and September are historically often down months for Bitcoin
- The DX-Y(US Dollar index) is in a significant uptrend and is testing resistance at around 103
The bollinger bands have tightened to levels that have not been seen before indicating a massive move is on the horizon. Whether it is a move to 36k or a move to 20-25k is up for debate. I’m betting in it moving down.
What are your thoughts? Down or up? It will be big.
submitted by /u/WallStLegends
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