BTC At An Inflection Point
The rotation calls are back. Every major closed green today, ETH and INJ led the pack, and BTC dominance is reportedly slipping toward 60%. So the chart crowd has decided money is finally rotating out of Bitcoin.
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.
QQQ Is Hiding A Pile-Up
QQQ closed Friday at $690, roughly 1.6% above its blue 200-day SMA, after a 3.5% flush. Which means every dip-buying thread on the internet now has a chart to point at. Index on the big line. Buy the level. Simple.
The Binance crash had a head start
Well that didn’t take long! The past week has been full of emergency patches and breaches, and it was only a matter of time until it was crypto’s turn. Binance just got hacked for roughly $6.3 billion.