How SPX crash will impact on BTC

Apr 20, 2020

twitter.com/Cherry_Charts/status/1252260797721579521/photo/1

You may check that BTC IS correlated with SPX, on dump. Hence i am extremely bearish on SPX and all of the garbage caps, i believe bitcoin should follow.

cnbc.com/2020/03/04/citi-upgrades-morgan-stanley-to-buy-after-pullback.html

fool.com/investing/2020/03/31/is-the-coronavirus-bear-market-finally-over.aspx

cnbc.com/2020/04/19/goldman-says-typical-retirement-portfolio-is-broken-and-more-risky-now.html


Do bankers do exactly the opposite of what they say in mass media?

A. Maybe
B. Probably
C. Definitely
D. Absolutely

Another bearish signal is SOPR which is almost at 0. twitter.com/Cherry_Charts/status/1252261450632044544/photo/1

Coinbase premium is suggesting that money is flowing into accounts, retail money. All of those 1200 checks. Damm...



Everybody is googling halving with retail money inflow we may experience a dummp that will kill all of the retail weak hands and miners on line.
Technicals:



I think this head and shoulders will be valid now. Not shorting yet waiting for confirmation. May enter with small amount and will post it later. Previous H&S was too obvious and many people shorted it and got squeezed really bad. Now, everybody is back being too bullish.

Next dilema, if BTC follows SPX on dumps, and SPX enteres into multi year bearmarket then.... Fug

Apr 20, 2020

Note

Bitmex and binance is still bullish so do not expect it to dump now, wait

Another think. Imagine bitcoin crashes to 1k and all of those retarded gurus that are only shilling bullish posts go with it too. No more retarded people on twitter, would be nice, right?