Understanding crypto
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Ve Market Forecast
has crypto lost it's purpose? πŸ€” Sometime ago we use to invest based on things like these. Nowadays, welp, needless to say what's going on.

Just check any of their charts and make it make sense!
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Nice. Now Trump will sign it gloriously. This is actually bullish for us!
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Ve Market Forecast
So i wasn't just suffering from ptsd huh? usdt.d didn't "breakout"

I was waiting to confirm the breakout yesterday if usdt.d had closed a daily candle above the trendline. That would have meant that btc truly broke out as everyone was saying. As for now, btc has NOT broken out just yet. at least, in reality!
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Ve Market Forecast
Whales are moving btc onchain. About btc80,000 moved!
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Little to no btc has been sent to exchanges however!

If they try to sell, we will know.
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The btc moved has been dormant for about 14 years, which is crazy. We are tracking exchange balances for any signs of deposits.
For now, it’s not clear why they moved the coins.
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Forwarded from UCdegen
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We all want 1 thing!
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We actually rallied because of that big beautiful bill huh?
Trump said he’ll sign it into law today so the markets sell the news πŸ˜„
What a joke!

Lemme take a look at Usdt.D though. Maybe it’s reached resistance?
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Usdt.d is back above the .786. if it closes the daily at this price, that will not be good for bulls. however, it's at resistance on the 2H so we could have a retracement there.
This is really why i didn't like that "breakout" idea on btc. Like, how will all those people describe the situation on btc now? "oh it broke out, retested, and now it came back for another lower retest"?

anyways. it's all good on the macro level.
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