The fear and greed index is one of my favourite indicators.

Remember the old saying, be fearful when people are greedy and greedy when people are fearful.

It looks like BTC dumped out of it's pennant, retested it the floor and got rejected looks bearish for the short-term. So yeah BTC/USD is part of a very strong bearish trend. Traders may consider trading only short positions (selling) as long as the price remains well below 32,442.10 USD. The next support located at 30,329.23 USD is the next bearish objective to target. A break of this support would push the bearish momentum further. The movement could then continue towards the next support located at 24,647.67 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term.

These possible corrections offer traders opportunities to enter positions in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky but might be a good option. Lets see.

NOT FINANCIAL OR TRADING ADVICE, FOR EDUCATIONAL USE ONLY. THESE ARE OPINIONS AND TRADING IS RISKY.

We are currently in a phase of short-term indecision. In a case like this, you people favour trades in the direction of the basic trend on BITCOIN - BTC/GOLD. As long as you are above the support located at 25,289.87 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 34,041.80 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 40,672.60 USD as an objective. If the support 25,289.87 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
Analysis is always done on the daily chart.

Cheers
Josh
Vaultoro

NOT FINANCIAL OR TRADING ADVICE, FOR EDUCATIONAL USE ONLY. THESE ARE OPINIONS AND TRADING IS RISKY.

Nasdaq are now dealing with what bitcoin exchanges have had to deal with for a long time. Reddit users 😂
https://www.mediaite.com/news/nasdaq-ceo-suggests-halt-to-trading-to-allow-big-investors-to-recalibrate-their-positions-to-combat-reddit-users/

The GameStop fun reminds me of the good old days when maxkeiser championed the
‘Crash JP Morgan, Buy Silver’ campaign.
It worked for a while driving Silver from ~$15 to >$50, Squeezing $JPM shorts but then JPM just magic'd more naked shorts on $SLV and eventually flattened the curve.

Anyone else remember those days?

I finally got around to reading the amazing analysis from Midas touch on PM
https://www.midastouch-consulting.com/precious-metals-analysis-29012021-gold-so-far-a-higher-low

We just launched ETH gold & silver OTC trading and a GOLD/ETH order book. What pairs would you like to see next, leave a comment.

Stuff we’ve added today
- you can now officially use your camera to take a pic of your ID
- the users can now see their country in their settings
Stuff we’ve fixed today

- Silver volume will now show on the audit page
- Eth will now show on the audit page
- Silver and eth can now be downloaded in the history
- Customer verification issues now resolved
Stuff that can go live later today
- BTCETH trading pair with Negative trading fees
Please note, some of these features are still currently deploying

The Silver pump was probably a false flag orchestrated by Wall Street whales to move money away from GME. It worked. Remember folks, JP Morgan and the like can print as many naked shorts as needed so they can keep going short all the way up and then win on the way down. It's the long term play that they can't deal with. Gold and Silver are long term plays, and they are a fantastic way to take crypto upsides and put them into something that will generally hold the value against inflation without too many black swans waiting in the wings. There is evidence that silver is being held down, and you can check out the outstanding research done by GATA. In fact, JP Morgan was recently fined $1.26 billion for manipulating precious metals, treasury markets, so there is that. Never the less holding crypto gains in real physical assets is still an absolute winning option for many people that just don't want to touch fiat again. They don’t want to trust banks where accounts can be frozen, and inflation can take their savings or banks can fail altogether. Crypto and gold are the perfect exit tools. The perfect way to stick it to the man while also becoming and or staying wealthy.

Bitcoin seems to be trading within a bullish pennant. It wouldn't surprise me if BTC nudged up relatively soon.

What an amazing little bot. It has almost every book. Just type a key word or isbn and it will go get you the ePub . https://t.me/zlibrarybot