• Sat. Sep 24th, 2022

Market go up

ByWikafever

Aug 3, 2022 ,

Market go up

Cryptocurrency/Bitcoin Market Analysis 7/31

Today, as usual. Post-review because I’ve been busy lately. A lot of coins have been breaking out vs BTC. Like, a ton. STORJBTC is one example — something I am following (so no, not telling anyone to buy).

for now this means numbers go up. https://www.tradingview.com/x/7oglykXH/

A reminder, this week is a massive earnings call week for the stock market which could rock everything, basically. It’s early to predict, but number probably will go up for tomorrow. SPY filled it’s gaps and so could go up another 6% or so before reversing, which would put bitcoin up some 20% or so. Bitcoin funding shows longs taking profit continually, so we may hit at least 27k before correcting in some fashion. Reminder, this is bear market despite people’s denial.

bitcoin has no business moving up, but here we are. https://www.tradingview.com/x/OfLodoC9/
SPY could tap that 200ma and down. https://www.tradingview.com/x/KKGje7Ba/

For other articles I’ve written, I recommend considering:

Recommended watching — Line Goes Up

and

Travel rule for crypto is coming

as these are important.

New to trading? Try crypto trading bots or copy trading


Market go up was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.