Breakout or Fakeout?

Bitcoin and a lot of the Altcions are showing some short-term bullishness. There is a daily bullish divergence and now BTC is ripping. Equity futures in US and overseas are not quite ripping with cryptocurrencies so this could be a false rally. How long will this uptick last? So do we go long here? Or wait for a good opportunity to go short?

Check out the short video to get the short-term technical analysis gor bitcoin. Here is the link: https://youtu.be/aIVHb4EL_kc

$Invesco QQQ Trust(QQQ.US)$ $SPDR Dow Jones Industrial Average Trust(DIA.US)$ $SPDR S&P 500 ETF(SPY.US)$ $iShares Russell 2000 ETF(IWM.US)$ $VIX Index Futures(MAY4)(VXmain.US)$ $Gold Futures(JUN4)(GCmain.US)$ $Powershares Exchange Traded Fd Tst Db Us Dollar Index Bullish Fund Etf(UUP.US)$ $SPDR Gold ETF(GLD.US)$ $iShares Silver Trust(SLV.US)$ $Ishares Iboxx $ High Yield Corporate Bond Etf(HYG.US)$ $Ishares Iboxx $ Investment Grade Corporate Bond Etf(LQD.US)$ $iShares 20+ Year Treasury Bond ETF(TLT.US)$ $Crude Oil Futures(JUN4)(CLmain.US)$
$TENCENT(00700.HK)$ $SSE Composite Index(000001.SH)$ $CSI 300 Index(000300.SH)$ $CSI 300 Index(000300.SH)$ $FTSE Singapore Straits Time Index(.STI.SG)$ $NIO-SW(09866.HK)$ $NIO Inc. USD OV(NIO.SG)$ $NIO Inc(NIO.US)$ $BILIBILI-W(09626.HK)$ $Bilibili(BILI.US)$ $Baidu(BIDU.US)$ $BIDU-SW(09888.HK)$ $XPeng(XPEV.US)$ $Li Auto(LI.US)$ $BYD COMPANY(01211.HK)$ $BYD Company Limited(002594.SZ)$ $S&P/ASX 200(.XJO.AU)$ $FTSE Singapore Straits Time Index(.STI.SG)$

$Apple(AAPL.US)$ $Tesla(TSLA.US)$ $Microsoft(MSFT.US)$ $Amazon(AMZN.US)$ $NVIDIA(NVDA.US)$ $Meta Platforms(META.US)$ $Alphabet-C(GOOG.US)$

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SpyderCall

Trade the trends via technical, fundamental, and macro analysis. Day Trades, swing trades, and long-term investments.

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