ביטקויןלונג
BTC - technically
Technically:
- we have a higher high
- we have a higher low
- we successfully broke out and back tested the upper bound of or downtrend channel (red)
- we broke out of our down trending RSI (4hr and daily)
But
We don't yet look good on the daily and we still don't have a character change in volume (in my opinion).
We didn't touch 50k before sputtering.
I am not convinced. My gut says dump below $45,750, similar to the up/down 11-13 Dec.
My thesis is that BTC now has the character of a institutional asset and we are in the closing weeks of the fiscal/calendar year.
But truly, I don't know. It's and extension of what the ETH data tells us in terms of who is buying and influencing the market the most. It's not retail anymore.
For disclosure.
I hold BTC that I will not sell (my sovereign wealth).
I am accumulating via weekly DCA.
And, if we dump precipitously to 30k (or lower) I will be buying ravenously.... like if it ain't screwed or glued it's getting sold.
- we have a higher high
- we have a higher low
- we successfully broke out and back tested the upper bound of or downtrend channel (red)
- we broke out of our down trending RSI (4hr and daily)
But
We don't yet look good on the daily and we still don't have a character change in volume (in my opinion).
We didn't touch 50k before sputtering.
I am not convinced. My gut says dump below $45,750, similar to the up/down 11-13 Dec.
My thesis is that BTC now has the character of a institutional asset and we are in the closing weeks of the fiscal/calendar year.
But truly, I don't know. It's and extension of what the ETH data tells us in terms of who is buying and influencing the market the most. It's not retail anymore.
For disclosure.
I hold BTC that I will not sell (my sovereign wealth).
I am accumulating via weekly DCA.
And, if we dump precipitously to 30k (or lower) I will be buying ravenously.... like if it ain't screwed or glued it's getting sold.
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כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.