In the near future, we will find out if Wall Street entering our world will take us to the moon like we’d hoped.
Or if they took our rocket ship, doused us in rocket fuel, and set us on fire while they sell our spaceship for scraps.
Short term at least, here’s what I’m looking at if we have any hope of maintaining a Bitcoin bottom and rally bounce here.
Stocks are getting crushed, especially the high beta stocks and tech. On cryptic I’m actually happy with the view.
This could have been a legit local bottom and could bounce to $110k, and we should know soon either way!
That reversal turns up late today at the .618, we repeat yesterday and push up. If that fails and the low doesn’t hold, we are definitely ranging under 100.
I was hoping we’d never get below 100k again but it looks like the risks of the manipulative institutions may have outweighed the perceived benefits.