#StockMarket Astrology (it's probably meaningless):
Now mother always told me that only losers short the stock market, but.....
The S&P has definitely broken down here. A 50% retrace to retest the Jan 22 high is another 15% from here.
#Bitcoin Astrology.....
Whilst the S & P has put in a more convincing bounce, BTC appears to be consolidating for another move down towards 74k. Let's see if it can hold above the 200 and break channel resistance.
Happy to be wrong. I DCA everyday. :)
#Bitcoin Astrology part 5:
If the 200 day can act as support BTC could test the previous range and then we'll see if this has legs, or we are going to retest that 74k level.
(I call it "Astrology" because it is a hobby and probably bullshit. I DCA everyday)
More "astrology"...
The S&P is no longer oversold on the daily RSi, but it wasn't much of a bounce. It needs to reclaim that 200 day, or "shit" could "get real". Feels like crunch time.
#Bitcoin Astrology part 3:
BTC is Still below the 200 day ma and 74k is yet to be retested, but we do have a little bullish divergence on the RSI.
p.s. I call it "astrology" because it is a hobby and could be bullshit. :)