source avatarAaron Dishner

Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy

I've been hinting at this for months. TradFi is flashing the same signals we saw before the 2022 crash and I need to lay it all out. DXY ripping higher. Yen lost 32% and the Bank of Japan is stuck - intervene and crash equities, or don't and watch the currency collapse. Oil above 82 with the Strait of Hormuz under pressure. Japan is 90% dependent on Middle East oil. S&P futures showing TBT bearish divergence clusters on the weekly - same signal that printed before the 24% crash in 2022. Weekly RSI lower highs. OBV below its MA and curling down. Nikkei down nearly 10% in three days. Korean circuit breakers tripped. Hang Seng down 6%. Shanghai working on its second close long. Even gold dropped 4%. Silver down 18%. Copper down 6%. This is a bottom year for Bitcoin. If TradFi enters a bear market, BTC is not immune. Target: $38,555 to start. $35K not off the table. Be ready to pivot. Set stop losses. Place your stink bids deep.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.