Asia biased macro & technical analysis, Untying The Gordian Knot

Untying The Gordian Knot

A differentiated process with a primary focus on Asia. Technical Analysis as core and Macro drivers that could bring the view to fruition & changes that could make the idea fall apart. The objective is to be the best in class, hence corner shop.

Asia biased macro & technical analysis

Technical Analysis

<ul><li>The recent 7% drop in Bitcoin's value coincided with SpaceX's announcement of selling off its entire $375 million worth of holdings.</li><li>This event highlighted two crucial factors: the lack of liquidity in the market and the end of the bear flag counter-trend rally.</li><li>Additionally, Binance Coin was already showing signs of breaking down, which could decrease the overall crypto market cap.</li></ul>

The recent 7% drop in Bitcoin's value coincided with SpaceX's announcement of selling off its entire $375 million worth of holdings.This event highlighted two crucial factors: the lack of liquidity in the market and the end of the bear flag counter-trend rally.Additionally, Binance Coin was already showing signs of breaking down, which could decrease the overall crypto market cap.

Bitcoin

Crypto Selloff: What now?