Justin Bennett

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GM fam. ☕️ Markets are still range-bound, but short liquidations are building above $17k $BTC. Decent chance we see #Bitcoin run the highs here.
$ETH macro bottom is $300-$400, IMO. Key horizontal level + multi-year ascending channel support + golden pocket of the March 2020 - ATH range. #Ethereum
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We're again seeing a vulnerable #crypto market, but is this the "big one" or will #Bitcoin run the range first? Today's updates include the $DXY, $SPX, $USDT.D, $BTC, $ETH, and $CHZ. cryptocademy.com/members/issue-…
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Which says that either the valuation didn't make sense and/or the books are a mess. Not a good look either way. twitter.com/tier10k/status…
$USDT.D (Tether dominance) looks similar to late August/September 2020 when #Bitcoin pulled back 25%. 👀 A retest of channel resistance implies another 20-30% lower for $BTC.C
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There it is! Beautiful opening goal. 👏 Let's go!!!
Here we go, boys! 🇺🇸 �#WorldCupCUp6
To those saying this can't happen, consider that ETH fell 94% during its first bear market. A move to $350 is a 92.8% drop from the ATH. Also consider that this is the first #crypto bear market where the Fed is not printing, among other headwinds.
$ETH macro bottom is $300-$400, IMO. Key horizontal level + multi-year ascending channel support + golden pocket of the March 2020 - ATH range. #Ethereum
I still think the bottom is closer to $300-$400.
Seems like it's only a matter of time before $ETH makes a run at $1k. I wouldn't be at all surprised to see it this week. #Ethereum
#Bitcoin CME gap at $16,530. Possible gap close before more downside.
This is a BS answer, especially with everything going on right now. If you can't show proof of reserves WHILE protecting client assets, you have a problem.
Nasty bearish divergence on the 4H $SPX OBV. The time is coming for price to catch up. 📉 If this drops next week,#cryptoo follows.p
Happy Friday, Cryptocademy! 😎 Issue 335 of the Cryptocademy newsletter is out! Updates include the $DXY, $SPX, $BTC, and $ETH. cryptocademy.com/members/issue-…6
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To be clear, I think this is a shit time to trade. I still have half of my BTC short from $17,763 as mentioned in Discord, but I'm not doing anything right now, especially heading into the weekend.
GM fam. ☕️ #Bitcoin sellers look exhausted. If $BTC can clear $17k on a 4-hour and daily closing basis, we could see relief toward $18,300, barring any significant event risk. Bulls need to defend $16,600.
The #crypto market is sideways, but #stocks might force their hand next week. Today's updates include the $SPX, $TOTAL, $BTC, $ETH, and $MATIC. cryptocademy.com/members/issue-…
Retweeted by Justin Bennett
Decision time for $SPX. ⌛️ Below 3,910 and we see 3,755. Back above 3,966 and we see 4,120 This is playing into today's indecision from #crypto.
Tired of the SBF/FTX rumors after one week. Twitter has a way of making weeks feel like years. 👴 Looking forward to more constructive topics like how do we get even a portion of people's money back and how do we put SBF in prison?
I keep saying it, but anyone hoping for a pivot or even a pause in rate hikes will be disappointed. The Fed will hike until something breaks. twitter.com/financialjuice…
#Bitcoin is once again moving in lockstep.
GM legends. ☕️ It was distribution. ✅ $SPX is now testing that 3,910 level. That's a must-hold for bulls. A daily close below opens up 3,755 and potentially 3,670. #stocks #crypto twitter.com/JustinBennettF…
Check out today's free newsletter with updates on the $DXY, $SPX, $TOTAL, $BTC, $ETH, and $SUSHI. Watch the video here: cryptocademy.com/free/issue-333… twitter.com/CryptocademyHQ…
This is not a 1-minute time frame. It's the $SPX daily chart. 😐 Simulation confirmed.E
Looks like distribution to me. 📉 $SPXr
Nansen is the site for anyone interested.
Seeing this across the board too. Not just with TOTAL.
So you're saying this was a fakeout? Fakeouts to one side of a pattern usually trigger extended moves in the opposite direction. Means #crypto 📉 $TOTALl
I don't know about you, but I'm ready for the World Cup to start in a few days. ⚽️ Need that mental escape!
A daily close below 3,910 would likely be game over for bulls.
$SPX is starting to break down from an ascending broadening wedge (exhaustion pattern). Close below opens up 3,910. This bull trap is about to unwind, IMO.
Gemini outflows vs. inflows are $118m to $9m in the last hour. Can't blame people but no exchange can withstand that kind of imbalance for long.
Still not below the Nov. 8 trend line on a 4h closing basis though. That would be the final nail IMO.
Gemini Earn halting withdrawals. 🤦‍♂️twitter.com/Gemini/status/…o
Issue 332 of the Cryptocademy newsletter is out! 🔥 Today's updates include the $DXY, $SPX, $BTC, and $ETH. cryptocademy.com/members/issue-…u
Retweeted by Justin Bennett
$17k $BTC is key. Here's why... $16,992 is the location of last weekend's CME gap (Friday's close). So far, bulls have been unable to secure a 4h or even a 1h close above it. A close above is needed to extend this rally. Close below $16,750, and it's back to $15,800. twitter.com/JustinBennettF…
JUST IN: Poland raising readiness of military following explosion, per the Guardian. They are considering whether to trigger article 4, which would mean a meeting would take place of Nato members after their “territorial integrity, political independence or security."
Retweeted by Justin Bennett
That New York Times interview is as misleading as SBF himself.
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