Ok guys
Time to stop snoozing and wake up here.
Indexes continue to capitulate down Nasdaq currently 1.3% but BTC is holding firm here at 0% for the day currently.
This is a very interesting and also by my own reasoning quite unexpected.
But its important to go with what the market is showing us.
Also some alts seem to be pushing up somewhat - ETH and SOL making some upward movement.
And so there's nothing much to add to the BTC chart since this is all about whats happening elsewhere.
But a key detail is that it is sitting plumb in the blue retracement band that I drew some time ago.
And I did also say that this would be the buy area.
I just didnt expect it to be with indexes capitulating.
And so i'm going to watch and wait for now.
But for as long as BTC holds this blue band it is starting to look good for a bounce.
Especially if it can hold this area while indexes crash.
Not denoting "long" as i'm not buying yet.
Just watching for now...
Not advice.
Time to stop snoozing and wake up here.
Indexes continue to capitulate down Nasdaq currently 1.3% but BTC is holding firm here at 0% for the day currently.
This is a very interesting and also by my own reasoning quite unexpected.
But its important to go with what the market is showing us.
Also some alts seem to be pushing up somewhat - ETH and SOL making some upward movement.
And so there's nothing much to add to the BTC chart since this is all about whats happening elsewhere.
But a key detail is that it is sitting plumb in the blue retracement band that I drew some time ago.
And I did also say that this would be the buy area.
I just didnt expect it to be with indexes capitulating.
And so i'm going to watch and wait for now.
But for as long as BTC holds this blue band it is starting to look good for a bounce.
Especially if it can hold this area while indexes crash.
Not denoting "long" as i'm not buying yet.
Just watching for now...
Not advice.
Comment:
LIKE / COMMENT - You know the drill 👍🏻.
Comment:
Well thats that 🌧️😸.
Comment:
And now crypto is a sea of red again. UNI down 10% today! How low will they go 🤔...
Comment:
There is no mention of "$6K" or any targets here...
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