Date: June 2024: slopechart_$BTC.jpg
slopechart_$BTC.jpg
The Daily Blippazoid
58 days ago the top secret proprietary signal indicator of Sandunes the Inept fired off a bearish doom cross (of doom).
You could have played +15%, and then -15%, I suppose.
Anyway, the averages themselves are threatening to roll over, which has been an ugly outcome in the past.
I did change the 2 signal averages in early 2020 because the ones I used in 2017 started to fail miserably. Verdict still out on how useful the new ones are currently. Seems price action evolves as time goes forward? Or maybe I am hallucinating.
Perhaps notable that this sell off has not had a violent counter reaction so far in comparison to the last several months. I think this thing is out of steam.
As always, it is crypto, no reason it can't hit 140k by next Friday.
Happy Saturday!
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