Let sleeping dogs lie

٢٠ ديسمبر ٢٠٢١

As a followup to my last two posts where I warned SHIBUSD was following a classic bubble/bust pattern the target has been reached on my short from the Kraken release hype. That was the last gasp. Now Shiba is the first of many cryptocurrencies to break the all important December 4th US Jobs Report Liquidation Low. I do not expect the bleeding to stop here. I am targeting a full mean reversion over the next few months to 0.0001 territory.