Is the crypto winter over?

johnarb said:
Bitcoin trades 24/7/365, can you find on the chart when that news came out? lol, [hint, it came out 3-4 hours ago]
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schizo said:
Now let me ask you a question. Do you know why BTC stopped going up at 21416?
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I believe that it's a resistance level on the charts. We gotta break $21,700 then we can head to $22,000+?

I'm positioned for today hope it happens today
 
johnarb said:
No volume spike at that time. I would guess those were shorters that quickly got burnt to a crisp
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Oh, I don't look at the volume. Shocker, I know. :)

johnarb said:
I believe that it's a resistance level on the charts.
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Probably, if you stretch the chart back enough. But you can get a pretty good idea without even doing that.

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This is pretty depressing. All throughout this morning, BTC moved lockstep with ES. Well, no more. So where to now? Likely down. But we'll see.

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schizo said:
This is pretty depressing. All throughout this morning, BTC moved lockstep with ES. Well, no more. So where to now? Likely down. But we'll see.
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Actually think bitcoin is more correlated to the Nasdaq tech stocks. Many tech bros are also crypto bros "investors"

After the market closes, these tech "investors" degenz will want to continue the gambling high and may push bitcoin even higher

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johnarb said:
Actually think bitcoin is more correlated to the Nasdaq tech stocks. Many tech bros are also crypto bros "investors"
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Yup, those Naz bros are gambling degenerates. In fact, they've welcomed me with open arms.

Anyway, BTC is moving higher now. Ya got an upside target?
 
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