MisterSpread

Happy Bitcoin Bizza Day to all who celebrate 🫡

Hey @Trader_XO would you look at that? :D
Confirmation of this HnS only under 28,800 area but what a chart.

Update on bitcoin:native short-term positioning
Previous shorts from 79.4k are closed on this bounce in profit.
Waiting to see what we reaction we get and how much juice this bounce has.
As long as we are under 79.4k area on weekly close I will look to short rejections. Thoughts?🫡

Weakness in $IWM , that's no bueno for Bitcoin and especially altcoins short-term.
And yes, they are more correlated to the downside.
IYKYK

I know it’s only Monday, but this bulls dry tears martini is hitting home.
Please continue to long this bitcoin:native move

$79,400 is the line in the sand for bitcoin:native
This was the cluster of highs/rejections back in late January, under which Bitcoin was kept for +100 days.
Losing this area means the last break above 80k was a FalseBreak/Deviation.
A FalseBreak in one direction, most of the times leads to a bigger move in the opposite direction.
P.S: Yes, I will short sub 79.4k, as I kept saying for the past weeks that I will short ALL failed rallies after they reject. 🫡

Good morning at the coffee shop,
Although Mr. Guda still refuses to accept Bitcoin, I am still curious about his opinions.
What do you say, chat? Should we convince him to join our side for the next bull run? 😂

About the recent rally in bitcoin:native
What do you know? Onchain tells the same story as good ol' boring Price Action (bearmarket rally):
"The 7D-SMA of US Spot ETF Netflow dropped to -$88M/day, the largest outflow since mid-February.
February's outflows occurred into price weakness.
This wave is selling into strength, with BTC trading near 80k. Institutional participants were using the recovery over the recent days as an exit, not responding to fear."
But hey...expect 100k soon as a lot were pushing last weeks on this app.

If zcash:native loses $545 area it can drop to $450 1st and fill the full weekly inefficiency to $375/380.
$BTC bulls better not lose 79k area (late Jan/early Feb highs)👀.
What's that saying about ZEC rallying for Bitcoin?

Sneak peak from ParadigmShift ethereum:0x1abaea1f7c830bd89acc67ec4af516284b1bc33c
EURUSD broke under the Distribution range earlier today, so we executed our shorts expecting from 2.5 up to 6RR short to medium term.
Invalidation if EURUSD goes back above $1.1755 area.
No fluff, no 5 indicators, just pure Price Action, planning, waiting and executing 🫡

ethereum:native has the potential to drop anywhere between -10% to -40% vs Bitcoin in the next 3-4 months.
Only after we can talk about either a First HigherLow or a DoubleBottom.
Send this to the people who preach / preached altseasons last months.

Weakness in the American financial sector?
GM,
American indices at historic highs again, but a major name in the financial sector just lost the DailyMA200.
The last time we saw such a scenario, it was in March 2022, and then there was a -42% decline on this asset.
There's a saying on Wall Street: "Nothing good happens below the 200-day moving average."
Enable notifications, I’ll come back with analysis after the NYSE opens 🫡
P.S: The "only" -31.5% decline happened during Trump's tariffs and not after a classic top.

Your boy is talking to students today about the Fed’s monetary policy since 2008.
You know I’m gonna shill $BTC to them during the break 👀

"Oh My God...I missed the bottom/top"
Said absolutely no experienced successful investor throughout history.
Stop letting these big accounts on social media push your emotional buttons and focus on the meat of the move.
Happy NFP Friday day 🫡

$GOLD local bottom?
I don't want to be a crypto party breaker, but if Gold can break above $4,760 area and continue above $4,900 then we can see at least a local bottom and a bigger rally next weeks.
Invalidation comes if it loses $4,500 area on daily close.

You like / trade ethereum:native ?
Here's your alpha:
Bullish or bearish on the next move, mark $2,400 area on your charts.
You're welcome