6 Comments
Sep 14, 2021Liked by Ben Lilly

Thanks for another great insight!!

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Sep 14, 2021Liked by Ben Lilly

Thank you. Recently alts stated recovering less even when BTC did go up. Having bought 'the dip' did indeed leave the wallet dry, with a prospect of the markets going lower. How come alts become more bearish than Bitcoin, when just a few days ago it was the other way around? Maybe you have some insight on that.

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My opinion here is that this market reaction shows that traders are fearful.

I hope this trend doesn't continue for reasons I state here: https://jarvislabs.substack.com/p/capital-flow

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That's what I thought. I read that article, twice. But I had some difficulty applying it. (It came a bit late too in my case.) So I guess my real question was, if this could be the the start of a "oh shit" phase. And if I parse all of your input correctly, it could be.

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Could be. If BTC starts to retrace and remain range bound, then I'm curious how BTC.D reacts.

I'm split 50/50 on lower lows forming for BTC.D this year.

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I think we get the second scenario if the waited moderate (10%) correction on stock markets arrives, that could be the second leg down on BTC to example 0,618 FIB level...

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