$BTC Inverse Head and Shoulders / Falling wedge played out exAACTLY as predicted, shorts going to be squeezed to these levels. For a full measured move to play out, we will see 34,777 soon. $SOL$OP$XLM$PEPE$INJ$DYDX also poised to breakout.
If I see another 3rd world post glazing how she was "the one" when they went on 1 random date, I am going to go to home depot and buy a sledge hammer and destroy all my electronics
Well on the bright side the internet is going back to 2025 when looxxmaxxing meant going to the gym and taking care of yourself to have good health markers and plastic surgery was for severe deformation or celebrities who want to look like manikins
Combined falling wedge and inverse head and shoulders on $BTC. Also seeing some technical indicator bullish divergence. On the verge of breaking out if it can't lift above 29200. Looks like $OP also breaking out. Let's see.
$BTC Inverse Head and Shoulders / Falling wedge played out exAACTLY as predicted, shorts going to be squeezed to these levels. For a full measured move to play out, we will see 34,777 soon. $SOL$OP$XLM$PEPE$INJ$DYDX also poised to breakout.
Bullish Pennant flag on $XLM
Aligns with inverse head and shoulder / falling wedge breakout on $BTC
Short Squeeze incoming, so much bearishness from the cowmunity right now
see investopedia.com/stock-analy…
Major Short liquidations and covering at 29350-29500 then again at 30000-30500. Let's see if $DXY and 2 year bond yields can continue helping us on the macro scale.
Update on the $CRV forecast. Market seems dead and $BTC is unresponsive to moves in $DXY and $QQQ. Still seems possible that this H&S will complete the measured move over the weekend due to the number of outstanding shorts. We need this to avoid a cascading collapse.
To elaborate, a large % of the cryptocurrency liquidity comes from DEFI yields and 40.75 Billion TVL. If CRV goes down, we would see a mass liquidation on $AAVE across $ETH and $MATIC, $LINK would get destroyed, etc. This is very important to keep eyes on.