Morning update:
Yesterday, we saw a big dump when it comes to the stock market📉 Most stocks were deeply in red and indexes are now trading at June lows👀 This retest of June lows was expected, now the question is if we bounce or continue to drop🤔 #DOW #SPX500 #StockMarket
Yesterday, we saw a big dump when it comes to the stock market📉 Most stocks were deeply in red and indexes are now trading at June lows👀 This retest of June lows was expected, now the question is if we bounce or continue to drop🤔 #DOW #SPX500 #StockMarket
In our view, a short-term bounce may take place here but on a longer time-frames, more blood is in play until the FED starts to signal easing🤔
Bitcoin is holding extremely well. With #DOW at June lows, #SPX 1% away, and #DXY at new highs, it is amazing to see $BTC 6% away from its lows💪 It may be too early to call for decoupling but this may be the first sign🤔
Since it looks like BTC has found the support in this range, we decided to slightly increase our $BTC position here✅ Not going all in but will be slowly adding to our bag. The rebalance to enter the market with an extra 5% was just submitted👌
iconomi.com/asset/ECA?ref=…
iconomi.com/asset/ECA?ref=…
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