Technical Analysis
A crowded trade
By FinancialVeracity  •  November 27, 2023
Current narrative for a bullish bitcoin:
  1. Halving
  2. CZ’s step-down / pleading guilty -> Nothing is holding crypto bacl
  3. Early ETF approval – Q1
As this narrative gets more populated, open interest keeps going up, even on CME. Don’t get trap buying the high. A pull back is imminent. Cross-Pair Confluence for even more bullish Narrative;
  1. VIX
  2. SP500
Vix back to pre covid? SP500 back to covid – helicopter printing? it always pays to wait, if it doesn’t for you. Find a way to make it so...
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By FinancialVeracity
24 and on a constant lookout to improve my financial literacy in order to achieve “Financial Independence”. The sole purpose of writing this blog is to give whatever little financial knowledge I have to everyone.
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