Almost one month after this post, and all we’ve had was slow downside and more chop.
Take it slow, fam, don't burn yourself out before things turn.
Still two actionable scenarios I’m waiting for:
1) Reclaim mid-range and break the local downtrend, potentially rally into 100k. Will re-assess from there, but happy to trade some altcoins if we get this.
2) We drop lower, maybe after another mid-range fake-out, and form a base around the local range low and previous high.
Betting every day on a reversal, while prices are in the middle of things without a major key-level break/trigger, is a dangerous game.
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$BTC Market & Burning out (update)
Almost one month after this post, and all we’ve had was slow downside and more chop.
Take it slow, fam, don't burn yourself out before things turn.
Still two actionable scenarios I’m waiting for:
1) Reclaim mid-range and break the local downtrend, potentially rally into 100k. Will re-assess from there, but happy to trade some altcoins if we get this.
2) We drop lower, maybe after another mid-range fake-out, and form a base around the local range low and previous high.
Betting every day on a reversal, while prices are in the middle of things without a major key-level break/trigger, is a dangerous game.
Survive and have triggers to execute on set.