NFT and Metaverse
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Lots and Lots of sideways price action and chop. A leading indicator turned bearish again. This means back to $USD, a bit of $BTC and $PAXG (Gold).
Gold looks very interesting in the charts, but also fits in our macro bearish narrative.
Once indicator turns more bullish, we will re-enter the market.
The trend could be turning at this point. Several indicators show strength in this move up! Therefore I re-opened the NFT Metaverse Strategy.
I'll follow closely to see confirmation. If we go up from here, we are very early 🤘
Expecting more down, so back to USDT
BTC is due to correct but its creeping up for days! What if max pain for bears that expect a correction, is up up up!
CPI numbers this afternoon could be a catalyser for such a thing. I think the outcome will be positive for risky assets like BTC and ALTcoins. Therefore we are back in the market.
Hello! Crypto and regular stockmarkets are taking a beating! My indicators show the same, both the trend as the oscilator indicators turned bearish in the 1D which means I'm taking $USDT positition to wait the downmove out, untill the indicators turn more bullish. Keep hanging!
