I'll take crypto capitulation for $200 billion...

Yesterday was like watching a plane crash at an airshow.

Horrifying, but you can’t quite bring yourself to look away.

What is capitulation?

Capitulation is when traders sell what they love.

They give up on their dreams.

And it HURTS. It hurts real bad, like a punch in the guts that won’t go away.

I don’t think anyone involved with crypto could describe the last week as anything other than straight up traumatic.

And the moment of maximum pain… when it seems like this literally might all go to zero…

That’s the end. THAT is what capitulation feels like!

Why?

Because we are a slightly smarter than usual species of monkeys and under pressure, we all act the same way.

Most days, participants are buying and selling in near random patterns for their own individual reasons.

Yesterday… the rush to the exits was universal. The fear fed on itself and everyone who was going to sell.. Sold.

That’s the end of that round of selling. (I know because I had the same exact gut punch feeling at the worst of 2008, the 2018 crypto bear end and in the 2020 crash too)

Whew!

Does that mean it’s a buy? 

Not so fast, partner… but at least we have some clear indications of what is gonna happen now.

That’s an INTERIM bottom.

That level of fear puked every seller out of the market.

That temporary exhaustion of sellers creates a vacuum where buyers can take control.

The 5 minute chart at the absolute lows makes this clear 

So we have clear guidance. If we break below yesterday’s lows, it’s gonna get real ugly real fast.

And cautiously optimistic above that line.

If we rally very fast (which would take a rally in stonks as well) then we could have a 2020 style moon mission off the get-go. But that’s a low probability outcome.

So what should you do?

If things are going real bad you do NOT want to be in altcoins.

You want to be in BTC or if any alt, ETH.

Alts are decimated, but you still probably want to bottom fish in BTC, not alts.

Now, here’s where it gets tricky.

That high emotion and straight shot down of the last few days will have traders expecting a straight shot back up.

That’s a low probability outcome.

People are CONFUSED AND SCARED, and we can expect the charts to reflect that.

Expect choppy, hard to read price action for the next weeks.

If things go bad, make sure you are in BTC.

NFT’s got what they deserved IMO. I doubt that’s coming back for a long while.

Of course the Automated Wealth Creation Engine took a punch like everything else… but truly… imagine if you were in risky altcoins last week, you’d be down 90%.

The system did it’s job, kept you in the game, stopped you from decimating your account. Yeah your account balance is down, but it was a lot worse for most people.

If you want a way to make money even when the market takes a shit - this is the rules of the most reliable system I’ve ever seen

Here are all the written materials, slides for the presentation, everything you need (you’re welcome) 

What’s the catch? No catch. 

If you like the system, and you want my help in implementing it, I can help you with that. 

I’ll save you a heap of time and all kinds of ball-ache, get you up and profitable in a few weeks.

CLICK HERE TO WORK WITH ME

Scott

P.s. It was my 48th birthday yesterday… and my adorable daughter sang for me…