Hello there, just wanted to give a quick update to BTC's position in this current cycle. Dippers have bought the dip but we are technically within an overwhelming downtrend based on historically relevant indicators so I think a buy is unwarranted. I have been calling for a rejection of 35k for several days now (since 29k) and I just wanted to lock in my perspective. 35418 is the current .786 of the entire run and we are of course still below that at this point. I won't be entering a position based on these thoughts but I do have a buy order open for 22500. We can still go to about 45k before the next dip based on how the last cycle retested its averages but this sideways movement is too choppy for my tastes. Targets of 22k and 15k are still active. Thanks for reading! Please like, comment, and follow if you agree with my analysis as this will encourage me to continue to do these. Good luck!
