Chainlink broke above 5 bucks as Nasdaq went into tear. Coincidence? No.
Stupidity is to belief somehow that Crypto will go up when Stock crashes, not knowing that it is the SAME ACTOR that OPERATES on both market.
Therefore, over long period of time, crypto and nasdaq will always move together, as capital will flow into both. Crypto is a proxy to riskier asset, as people made money from blue chip nasdaq stocks, it will spill over to mid cap, then small cap and crypto.
This is how the financial market works. Please wake up and stop worshipping your elliot wave and technical analysis. Those things don't matter if you don't take into account human psychology and capital flow. After all, the one that moves the market are SHARKS and WHALES, not some random processes.
Get over with it. The crypto market will breakout and move higher from here on. We are already entering into risk on period.
And one more thing, please, stop wasting your time, I WILL NEVER READ your messages and comments. I am not here to make friend. I am not here to sell anything. I don't have any interest to help anyone. I am here only to CONVEY my message. Some people MAY benefit from it. Most people will NOT Benefit. I don't care. I don't give a fuck. Sorry.
Stupidity is to belief somehow that Crypto will go up when Stock crashes, not knowing that it is the SAME ACTOR that OPERATES on both market.
Therefore, over long period of time, crypto and nasdaq will always move together, as capital will flow into both. Crypto is a proxy to riskier asset, as people made money from blue chip nasdaq stocks, it will spill over to mid cap, then small cap and crypto.
This is how the financial market works. Please wake up and stop worshipping your elliot wave and technical analysis. Those things don't matter if you don't take into account human psychology and capital flow. After all, the one that moves the market are SHARKS and WHALES, not some random processes.
Get over with it. The crypto market will breakout and move higher from here on. We are already entering into risk on period.
And one more thing, please, stop wasting your time, I WILL NEVER READ your messages and comments. I am not here to make friend. I am not here to sell anything. I don't have any interest to help anyone. I am here only to CONVEY my message. Some people MAY benefit from it. Most people will NOT Benefit. I don't care. I don't give a fuck. Sorry.