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Thanks Maurice! Could you comment on NIO when you get a moment please?
Thanks<, for the update I always appreciate the insight. <I'm really blown away by the fact that having watched your videos for so long, I had the same opinion that you are putting forth in this video. <In as much I would like to add to what you have said here the market is in a tug of war with the bull at one side and the bears at the other end. If this is really a bear market rally then Bitcoin is not done going down, just like stocks are not done going down. And if this isnβt a bear market rally and the Fed achieves a soft landing, Bitcoin will probably rally substantially from where it is now, but we just have to wait and see. My hope is that by the fourth quarter, the economy will be slowing enough that the Fed says we are going to pause, and then you will see the next crypto cycle start. I have witnessed the last 3 cycles and just before each bull run the amount of bear posts and negativity around crypto is just like it is now. Bitcoin is entering the area of where a bottom will be formed IMO. Please note this could take months and there will likely be further volatility in both directions. Despite the volatility that has ruled the market this year, being a retail trader in the crypto market and implementing strategies/signals from Eddie Crypto a professional broker/tradr that has been my mentor, I have accumulated 12' btc! in profits although the rates are capricious wiping out some of my profits, people who are open to learning from history, will survive Itβs not that difficult. You can reach out to Mr Eddie on <Ν²eIΡΙ ΙΎΞ±m his personal handle is @Edcrypto8 or What'sappβ18053284321β¬..
GBP and EUR are the Guinea pigs for the great reset. As soon as they figure this out are they going to run to gold? They will be swarming to BTC and ETH if they are smart. We will not be expecting a boost from the US markets as the DXY is pumping.
Thank you for the brilliant technical analysis !! Enjoy the rest of your day as well ! π
Much needed level headed insight. Thanks π
I'm new to trading. How can I make more profitable investment in crypto without incurring much losses?
G'morning Maurice!
Yar, in the trading group we call it a 'stop-hunt'. Exactly what it sounds like. Market Maker hunting for people's stops.
In any case, have a great day! π¦¦βοΈ
<I respect your work mate. TA Is all well and good but I find it truly baffling that all major crypto youtubers just look at pure TA and completely Ignore the bigger narrative of why BTC is fluctuating and why the future outlook is more encouraging as it seems. It's kinda Irresponsible to ignore the fact that each ETF launch so far has caused a major dump at the peaks of BTC.. we were already on shaky footing with historically low volume and almost pure whale pumps, narrowly avoiding a long-term bear market.This Is the worst possible time in history to invest as so many don't back up their crypto assets…more emphasis should be put into day tradiing as it is less affected by the unpredictable nature of the market. I have made over 7 btc from day tradng with Nate Flint, insights and signals in less than 3 weeks, this is one of the best medium to backup your assets incase it goes bearish. I left NΜ«aΜ«tΜ«eΜ« contacts in the comment below take care!