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GreyPool replied Sep 6, 2022What system or method do you trade the market with? And do you primarily trade forex, metals or crypto?
Most volatile EU/GU/XAU/BTC trading
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GreyPool commented Sep 6, 2022This a good article to show anyone who thinks this downtrend will end anytime soon
Investment Products Shorting Bitcoin See Record Inflows
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GreyPool replied Sep 6, 2022And today it ultimately fell, and I'm sure the jobs report factored into the current price drop. A further rate hike may be the catalyst to definitely break 15k - I suspect 17k will be broken beforehand and soon.
High Impact Events Trading... Bitcoin
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GreyPool replied Sep 6, 2022As predicted there is the downside breakout in BTC 18k will likely not hold and since 17k is weaker support it is expected to be broken as well, then the major slide begins.
Trading BTC using Wyckoff and VSA Principles
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GreyPool replied Aug 31, 2022Given it’s recent correlation to the traditional markets, which are being forced lower by the fed to counter inflation, BTC will almost certainly move lower next month and for the rest of this year most likely. We may end in the sub 10k territory, ...
Are bitcoin owners making a crypto-exit?
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GreyPool replied Aug 30, 2022Pretty sure it is mostly because of the Powell comments, which signal the Fed is not going to stop raising rates anytime soon, which means "risk assets" like BTC are unsafe to hold at the moment so institutional investors are selling to get out of ...
Bitcoin technical analysis
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GreyPool replied Aug 30, 2022It is news but a effect of the Powell statement from last Friday. The slight upmove in BTC was just a small correction, an extending trap up move. I expect 18k to break and 17k to at least be tested.
Bitcoin technical analysis
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GreyPool replied Aug 30, 2022Stock futures are sharply up and VIX futures down over -2% which means the traditional market is set to open high but price may not necessarily move much. This "effort vs result" mismatch is what we've seen for the last day in BTC. BTC price has ...
Trading BTC using Wyckoff and VSA Principles
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GreyPool commented Aug 29, 2022When is the next fed funds rate meeting?
The Federal Funds Rate and Crypto
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GreyPool replied Aug 29, 2022The minor correction of BTC during the US session today is either an effect of it being a UK holiday today or the market pricing in the Powell comments during Friday's move and over the weekend. My sentiment is that the market is still very weak and ...
Trading BTC using Wyckoff and VSA Principles
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GreyPool replied Aug 29, 2022Within the 4th quarter of this year. We should hope it will happen as soon as possible because 12k-10k is a perfect buy level.
The rise of CRYPTO - Bitcoin, LTC, Ether, Dash, Monero
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GreyPool replied Aug 29, 2022The massive reversal on 8/26 effectively sets the to for CTK at 0.940. It will follow the rest of the market down from here but what is remarkable is that price has hovered and stayed mostly sideways in the last couple days. A break of 0.75 would ...
Crypto BTC Talks
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GreyPool commented Aug 29, 2022I'm not sure if this kind of predatory litigation is a sign crypto is maturing or not. These tactics are surely the hallmark of the traditional financial system.
Ava Labs CEO denies CryptoLeaks' claims as 'conspiracy theory nonsense'
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GreyPool replied Aug 29, 2022I also agree that 12k is the next major support where that has a chance of holding but I still think it's optimistic to anticipate it being the bottom.
The rise of CRYPTO - Bitcoin, LTC, Ether, Dash, Monero
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GreyPool replied Aug 29, 2022I see, that's an interesting hedge. I think BTC might actually go to 7k-6k but 10k is still a good level to buy at.
Alt Coins trading
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GreyPool replied Aug 28, 2022Are you saying you think AVAX and XRP will increase in value anytime soon?
Alt Coins trading
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GreyPool commented Aug 28, 2022BTC support levels 18k and 17k will almost certainly be broken and 16k is much weaker support
Bitcoin, Ethereum Drop as Traditional Markets Skid Into New Week