Diversitas es una estrategia de gestión activa que combina inversiones probadas en el tiempo como el oro, BTC y ETH con el potencial de alto crecimiento del sector DeFi.
1/4
Morning update:
Usually at this stage, when fear is high, $BTC prints a slightly lower low and then bounces📈
Upon that slightly lower low, fear spikes, retail investors panic sell, and big players/smart money buys upon the increased liquidity. Support is found.
This played out yesterday after CZ (CEO of Binance) got sentenced to 4 months in prison. He is officially the richest man ever to serve time in US federal prison.
2/4
Furthermore, Bitcoin just printed its worst month after the FTX collapse and the shorts are starting to pile in. We have $12 billion shorts that will be liquidated if $BTC bounces to $71800 ($15 billion to $74k) and only a handful of longs remain to be liquidated at $58k👀
The tables are about to turn - and turn hard.
3/4
Fear is high and media companies started to push the bearish narrative. Things do not get more bullish than this. Today is the FOMC meeting in the US so we may see more manipulation but the bounce should be days if not hours away🤔
I agree 100% with @dimi , if you know and write daily it's going to go down and then bounce back, why not take some profit along the way? Finally went into the green after the LUNA fiasco and now we are back to square one...
@dimi you can check the photo of our setup. It is posted almost every day. The daily close and the trackline is all we look at. So far, we only closed 1 day below the trackline and as mentioned before, we do not make an immediate exit as we look also at other indicators that are suggesting that this is just a trap.
4/4
Looking at the ETF flow, we can see that the outflows continued in the US but were nicely offset by Hong Kong. On the first day, the flow mainly came from the seed but was well above $100 million. ChinaAMC alone brought in $121 million👌
Have a great day and we will be back with you tomorrow!
1/4
Morning update:
Price-wise, we continue to trade in the range so there is nothing too exciting to report😴$BTC
Agree with @Zlotac. Taking profits is as important as having good entry points. The taking profit part is still not going very well.