BITCOIN time for a STRONG SELL
S&P 500 closed below the 200 EMA today.
Stocks markets turn bearish with S&P500 friday closing below the EMA 200 and at a step to a new 2023 low, bonds crashing, TESLA -20% in a couple of days, but the Bitcoin community still strong buy with the unique reason "The Spot ETF".
Yes, it will be good. But now it's just a news, and till will be active and ready you have to wait months, where may be indexes will lose another 10%.
While whales are generating this momentum, for sure they are distributing against you, and in a couple of days we could see a different spike, down.
There is no reason to buy right now bitcoin that just speculation on this topic.
Then you know, if you are not quick enough to sell now, could happen like in summer, where Bitcoin lost 20% in 4 minutes, this could happen again.
No reason to buy Bitcoin right now.
Stocks markets turn bearish with S&P500 friday closing below the EMA 200 and at a step to a new 2023 low, bonds crashing, TESLA -20% in a couple of days, but the Bitcoin community still strong buy with the unique reason "The Spot ETF".
Yes, it will be good. But now it's just a news, and till will be active and ready you have to wait months, where may be indexes will lose another 10%.
While whales are generating this momentum, for sure they are distributing against you, and in a couple of days we could see a different spike, down.
There is no reason to buy right now bitcoin that just speculation on this topic.
Then you know, if you are not quick enough to sell now, could happen like in summer, where Bitcoin lost 20% in 4 minutes, this could happen again.
No reason to buy Bitcoin right now.