Market Update for Weekend and Monday
When I look at BTC, the most important question I ask myself is where is the market heading and how close is it to a major inflection point (important support or resistance).
The most interesting aspect of this video is still the VIX and the possible implications of a return to ~17.10. Which is not only an INCREDIBLY strong bounce spot (trend line) from 2017-2019, but also a 25% drop from the current price. It is very possible that the horrible price action on the VIX has been leading to the odd pushing up of the market with only a few clear signals in-between the noise.
I will upload a 20 minute Crypto Alt video idea after this and link that to this idea.
See you on Sunday at 19:20 EST for the end-of-the-Week candle stream.
The most interesting aspect of this video is still the VIX and the possible implications of a return to ~17.10. Which is not only an INCREDIBLY strong bounce spot (trend line) from 2017-2019, but also a 25% drop from the current price. It is very possible that the horrible price action on the VIX has been leading to the odd pushing up of the market with only a few clear signals in-between the noise.
I will upload a 20 minute Crypto Alt video idea after this and link that to this idea.
See you on Sunday at 19:20 EST for the end-of-the-Week candle stream.
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