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This might be the craziest day in markets I've ever experienced. A fake headline carelessly being copied by the main financial market media station, causing trillions in valuations to be made and wiped out again within the time span of 1 hour. For me this is a close call
TradFi getting used to the daily crypto market treatment. Only this time it's about trillions not billions.
Someone somewhere is going to catch some major jail time with this lmao
It's getting more interesting. CNBC & The Bloomberg Terminal don't seem to agree with each other. Bloomberg Terminal Intern?
And just like that, markets worldwide up trillions within 15 minutes with one headline.
$BTC That's already an interesting looking daily candle. Important levels on the chart.
$BTC Relative to $SPX is still at an interesting spot. It has held roughly the same ratio during this nearly 20% sell off in equities. Also still trading well above the election pump. Good chart to keep an eye on.
Also been allocating more into stocks over the past week. Will keep a cash position on the side in case things get even crazier. Happy buying into some of these stocks with an investment horizon of 5+ years. Can't be too greedy but also don't want to fire all clips at once.
Seems as good a day as ever to shuffle around some long term spot holdings and concentrate into the higher conviction ones. Majority of this is still $BTC for me and will always be my biggest holding.
Over $1.4B in Positions have been liquidated in the past 24 hours. Total Open Interest lost on $BTC & $ETH alone sits at over $3B+
New Video! Discussing the tariff market chaos, $BTC's next path and more. Update is slightly outdated so sorry for that, but the levels we discussed are still revelant. Mostly focussed on the higher timeframes. If you like my content, consider subscribing and leaving a
Gm, Big week ahead. Markets will be looking out for new potential retaliations and deals to be made in regards to the Tariffs. Stocks saw their biggest sell off in years and are trading at or near bear market territory (-20%). I'd recommend to be nimble and don't get too
The Big Question of Next week: Will $BTC Sustain?
$BTC That's the second liquidity grab done as well. Going to be an interesting daily close today. I think most people would be best off to set alerts at $76K & $89K and log off.
$BTC That's the $81K level swept completely now. We had about 3 equal lows around there so a lot of long stops got taken out below that point. Other levels of interest marked on the chart.
One of those rare times where the crypto people are less emotional than the TradFi people. Black Monday Google searches skyrocketing. Fun fact: In response to the 1987 Black Monday crash, circuit brakers were put in place.
$ETH Key level just got swept again. Bulls would want to get this moving soon because simply consolidating on top of the support won't cut it. That would just be waiting for a big breakdown. This is where the bulls need to make it count 🫡
$BTC Volatility going lower and lower while the $VIX (Volatility Index) on Stocks has closed at the highest level since the Covid Crash in 2020. This is pretty unheard off and due to this compression I'm pretty confident a large move for crypto is going to occur next week as
If the past few years in this market have taught me anything, it's that it is best to just chill and not overtrade during times of uncertainty related to macro factors which no one knows to predict properly. There's bigger forces at play here and there is no way to properly
A lot of the sell off in $BTC this year can be contributed to equities weakness. Taken account for $SPX's decline, $BTC is now down less than 10% from its all time highs. This is why I think it's important to look at the two relative to each other. Especially as they are