GM,
Bitcoin over 40k again
I thought I'd share my perspective as a former trader for those who might be interested.
Btcusd is making a new locak high but the momentum is slowing down on the daily timeframes, a lot of traders will be watching this closely.
If btc fails to do a $3000+ candle to the upside in a day or two then it will be quite dangerous as it'll confirm a bearish divergence.
Hodlers and stackers have nothing to worry about, tick tock next block, Bitcoin will never stop. But leveraged degens should consider lowering their leverage.
For now, let's see how this plays out a few days from now.
Tum ⚡🟧
npub1pr…42xcv
2023-12-04 03:03:41
Author Public Key
npub1prya33fnqerq0fljwjtp77ehtu7jlsjt5ydhwveuwmqdsdm6k8esk42xcvPublished at
2023-12-04 03:03:41Event JSON
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"pubkey": "08c9d8c533064607a7f274961f7b375f3d2fc24ba11b77333c76c0d8377ab1f3",
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"content": "GM, \nBitcoin over 40k again\nI thought I'd share my perspective as a former trader for those who might be interested.\n\nBtcusd is making a new locak high but the momentum is slowing down on the daily timeframes, a lot of traders will be watching this closely.\nIf btc fails to do a $3000+ candle to the upside in a day or two then it will be quite dangerous as it'll confirm a bearish divergence. \nHodlers and stackers have nothing to worry about, tick tock next block, Bitcoin will never stop. But leveraged degens should consider lowering their leverage.\n\nFor now, let's see how this plays out a few days from now.",
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}