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QUICK TEXT ONLY UPDATE FROM MARTEE: MAY 11, 2022


Fasten your seatbelts Reversal yesterday did not Hold
Washout in BTC plus ALTS expect in the next 24-72 hours

Comments

I feel like we are getting faked out in both directions. At the 65k, people were ready for the breakout trade to new ATH and then under 28k everybody is looking for more downside.

Didn’t get the bloodbath yet and we may be closing the weekly hopefully above the 30k mark. Do you still lean towards another break to a lower low?

Activating Plan Z…. Bury head in sand

Financial Analysts Say Bitcoin’s Price Is Going to Keep Falling and Falling They warn we might be entering a "crypto winter." https://futurism.com/financial-analysts-crypto-winter

Overnight Crypto Carnage Into Thursday Morning All eyes have been on the crypto universe over the last 48 hours. Here's an up to the minute account of what's new as you wake up Thursday. https://quoththeraven.substack.com/p/overnight-crypto-carnage-into-thursday?token=eyJ1c2VyX2lkIjo4MDI5OTk5LCJfIjoiU2JVSXYiLCJpYXQiOjE2NTIzNTMyNzcsImV4cCI6MTY1MjM1Njg3NywiaXNzIjoicHViLTQxMTU0NiIsInN1YiI6InBvc3QtcmVhY3Rpb24ifQ.4VrXc35jXJsFOxNgBfvZBYSA-rg6TQH0bAj7_K9vHTQ&s=r

Overnight Crypto Carnage Into Thursday Morning All eyes have been on the crypto universe over the last 48 hours. Here's an up to the minute account of what's new as you wake up Thursday. https://quoththeraven.substack.com/p/overnight-crypto-carnage-into-thursday?token=eyJ1c2VyX2lkIjo4MDI5OTk5LCJfIjoiU2JVSXYiLCJpYXQiOjE2NTIzNTMyNzcsImV4cCI6MTY1MjM1Njg3NywiaXNzIjoicHViLTQxMTU0NiIsInN1YiI6InBvc3QtcmVhY3Rpb24ifQ.4VrXc35jXJsFOxNgBfvZBYSA-rg6TQH0bAj7_K9vHTQ&s=r

Open the Pod Bay Doors Hal. I'm sorry Dave, I can't do that. Open the Pod Bay Doors Hal. Goodbye Dave.

In the time it took me to read your statement your 2 cents became 1.87 cents.

Oh boy

(Is Dick gonna make a video response to this on Youtube tonight? Am just Curious) MicroStrategy CFO said "If bitcoin falls below $21,000, MicroStrategy will be met with a margin call from one of its loans. That would force the company to either put up more collateral to the loan or sell some of its bitcoin holdings, according to comments from MicroStrategy CFO Phone Le on the company's most recent earnings call.” https://news.yahoo.com/microstrategy-extends-week-long-decline-162322137.html

From my end it looks like the crypto market gonna be flat till 2023 2024 just my 2 cents, Not Financial Advice.

From my end it looks like the crypto market gonna be flat till 2023 2024 just my 2 cents, Not Financial Advice.

From Martee: My indicators suggest a blood bath in ALTS and the possibility of mid-low $ '20s in BTC. It should culminate by Friday I am currently driving and am unable to check for errors however I do recommend that you don’t try and trade out of your holdings and back in because that could be catastrophic. If you’re planning on trying to exit possibly wait until the market settles down. I do believe that this could be an opportunity if you’re looking to add to your portfolio. This is not trading advice

Sounds good.. Thanks alot


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