To The Moon

$DJIA(.DJI)$ #DJ30 Price has built up even more sell-side liquidity since my last analysis. I was expecting price to take the liquidity and continue lower. Price might break minor market structure to the upside become giving another confirmation to bring price down into the bullish POI at 30455.6. Headline news: US Futures Fall After Upbeat Session Wall Street closes green as GDP data eases recession worries https://www.tradingview.com/chart/DJ30/iHECcYN2-DJ30-Analysis/

What’s shrinking even more rapidly than bitcoin?At least one answer to that question is BIT Mining Ltd.(NYSE:BTCM$BIT MNG LIMITED SPON ADS EACH REP 100 SHS CL A (P/S)(BTCM)$ ), one of many cryptocurrency companies minted in China over the last two years during better timeswhen bitcoin was booming. Of course, just the opposite is true now, which has put many of these companies’ futures in doubt. Within that group, BIT Mining appears to be one of the most endangered.On Monday the company unveiled the latest step in its fight for survival,announcing a change in its American depositary share (ADS) ratio that equates to a 10-for-1 reverse share split. The move is relatively technical, designed to bring the stock above the $1 level to avoid de