/biz/ - Business & Finance

ive been trying to be a bobo lately, but i think bull meme magic is too strong and normie markets will dead cat for another few days to a week before continuing the plunge.

every time we turn 5800 into support (you can see we did on the final 3D candle), we go to 8200. it also lines up with the candle close .618 fib which is a pretty basic retracement target. the high we made at around 10.5k was exactly the .618, as drawn from the 14k top down to the 6.4k bottom, before pumping again.

im too scared to short until 8k basically. that said, it likely will dump several thousand dollars after this pump concludes.