Today is one of those red days.
The FTSE100 dropped a massive 1.77% on the day, 123 pips. Everything dropped today, from COIN (coinbase) through to Credit Suisse who are already wiping the floor with their trades and have earnings in 2 days.
A lot of things have fallen a lot today. Crypto is holding like there is some battle going on between buyers and sellers. I wonder if COIN (Coinbase) shares will follow crypto.
This could of course be one massive correction and tomorrow everything could be rosy again. There are buying opportunities but beware of getting in too fast. I need to see a change of direction. The MACD hints at it but I don’t see it in the price across the board.
Black swan event? Or just a little correction?
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