Bend over, here it comes again..

This is an important warning.

We have significant chance of a crypto crash tomorrow on Sunday (crashes most often happen on Sunday)

Probably 50/50 odds. But luck hasn’t been our friend lately.

The good news is that IF it happens it will probably mark the end of the bear market.

The bad news is that if we don’t get a crash we will probably be stuck in limbo for a while longer

The bad news is that BTC will probably hold up comparatively well, while Alts get savaged.

You do NOT want to hold low conviction alts right now.

Here’s my thinking.

The stock market dragged the crypto bull market down…

Stonks up 8% but crypto down

And while BTC has been doing it’s best to hold the line… ETH is a bloodbath and other alts are worse.

Here’s what you should do.

Be DEFENSIVE. 

It’s not the time to bottom pick alts. It’s the time to be in BTC and stablecoins.

If support doesn’t hold… that collapse might happen on Sunday, the lowest liquidity day.

Which could see a true bloodbath in alts.

You want no part of that.

So bottom line… we got the decoupling with stocks that we wanted… but it was decoupling in the wrong direction.

Which brings me onto the stock market.

It’s unusually hard to read right now.

Obviously there’s massive recession risk

But the price action is unusually strong. 85% up breadth days are a classic sign of a strong kickoff.

So fundamentals suggest we are in early 08. Price action in 2011 after the pullback… picturedd below.

Which one of these two is right?

I don’t know. I think it comes down to the market playing chicken with the Fed and a whole bunch of stuff none of us no yet.

I’d urge you all to not play macro tourist. I’m not smart enough for that and neither are you.

I AM smart enough to make money from this though.

How, you say?

Well, I’ve got a sweet little system that takes two intraday trades a day and it has posted amazing returns right through the bear market.

In the same way that an ant doesn’t really care much about the weather… shorter term systems don’t care much about whether it’s a bear market or not.

I’m teaching it live (for free, no bullshit) on Thursday 16th June 7pm EST.

Why? 

Mostly because I’m bored, but obviously I sell something, right?

Here’s the deal.

I teach the FULL SYSTEM, with nothing held back. If you turn up I give you all the written rules, slides, recordings, spreadsheet templates you gonna want… everything.

And if you decide you want to do this for real, then I run a 12 week sprint turning out competent pros.

I can get you there way faster with way less problems than you doing it by myself, and I charge a little for that.

But I hate the idea of some sales pitch first. So I just give you everything first.

You ABSOLUTELY will get everything you need to trade this without paying me a cent.

Only thing is, zoom limits the spaces on the webinar so if you want in enroll quick.

CLICK HERE TO ENROLL IN THE FREE WEBINAR

And for crypto… let’s recap.

If Bitcoin starts breaking down (and it looks like that’s going to happen tomorrow) do NOT be in alts. Stablecoins or BTC only.

I’ll be sending updates so watch out for them

Scott