Grand on Nostr: How's it going... so today we did end up consolidating above yesterdays first trouble ...
How's it going... so today we did end up consolidating above yesterdays first trouble area.... the markets were pretty mental today and BTC hit one on our macro ranges (thicker lines) and retraced.
If CPI comes in as expected or not as hot, then I think we run stops at 25k, and probably push up above 26 before the end of the week. Stay Vigilant - could push up to 28k really quickly, just note.. everything has been filled between 19.6 and where we are now which means there won't be anything but air on the way down.
Pull backs are not of the cards, don't fomo in.. FED still has runway to crash the economy and they will. This stuff with the banks will tighten lending, which is deflationary, meaning it will be harder to get money from a bank, this will impede growth... which is what the FED needs to bring down inflation.
Wild few days...
Published at
2023-03-13 23:53:37Event JSON
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"content": "How's it going... so today we did end up consolidating above yesterdays first trouble area.... the markets were pretty mental today and BTC hit one on our macro ranges (thicker lines) and retraced. \n\nIf CPI comes in as expected or not as hot, then I think we run stops at 25k, and probably push up above 26 before the end of the week. Stay Vigilant - could push up to 28k really quickly, just note.. everything has been filled between 19.6 and where we are now which means there won't be anything but air on the way down. \n\nPull backs are not of the cards, don't fomo in.. FED still has runway to crash the economy and they will. This stuff with the banks will tighten lending, which is deflationary, meaning it will be harder to get money from a bank, this will impede growth... which is what the FED needs to bring down inflation. \n\nWild few days... \n\nhttps://nostr.build/i/nostr.build_e747130ce19b111654cbe68c36499453a6555b90f3efa76fca6e07248c27083f.png",
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