Jaw dropper - Snap Crypto Update

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15/10/2018/10:50CET

WHATTTT! Just opened my charts and could not believe it! Today is going to be a crazy day!!

Last week ended with traditional markets stunned by the negative sentiment bomb that went off and blew shit all over the place. All the respective "PPT's" (plunge protection team. i.e. the market manipulator backstops with the printing press from hell) tried to spring into gear as they could see that a friday bloodbath close would leave markets in an unacceptably weak position for the monday opens. NEED A POSITIVE CLOSE TO END THE TRADING WEEK OR EASE WE ARE STUFFED!

Teh crypto markets also had a rought drop either in sympathy, or a some deep pocket crytpo holders needed to liquify holdings to plug up some margin call holes. Who knows but crypto fell stocks in the end of the week.
Gold rallied.

So in summary, traditional stocks tank. Cryptos hold and hold then crack, and gold bids.

I am sure many are like me at would have liked to see that cryptos were a safe haven bid in times of stress instead of correlating with stocks downward with fear.

Well good news then!

BTC 15 min chart!

Look at that wopping bid!

over 20% in 2h!


On the daily!

After dragging our heels at 6200-6300, #btc spiked out of nowhere to hit a top of 7788usd on bitfinex!

That is 1500 usd in 2 hours or 20%!

Bitcoin has settled now at the 6860 range but this puts us well north of our long term wedge!
Wow is all I can say!

Just look at that candle wick for the day so far! FMD (fuck me dead!)
if your an ozzy, you will know what I am getting at!


I plan to stay in front of my computer today and watch the fireworks and possibly trade some. So look forward to some more posts from me as things unfold.

Jaw dropper - Snap Crypto Update | Ecency