## BTC is currently in a wave 5 of (3) of ...meaning: it's got room to rise in the mid term. (see my weekly chart)
- But for this daily chart, most indicators scream "I'm tired":
1. Look at this volume trending lower with the trend
2. Look at this momentum not taking off (I dont care whether you look at PriceRateOfChange, RSI or MACD...they all convey the same momentum message: "Exhaustion", "I'm tired, let me rest")
3. Or the price itself shaping up in an ascending triangle.
- However there's hope
1. If you are new to the crypto game, hop in fast to get a share of the current push towards 66700€, or wait for August bottom (ref: weekly chart)
2. If you are a 2013 veteran, stay in. Yes, this summer will be red, you could sell 20% of your position, but you will be gifted for Christmas, hold on just a few more months (ref: weekly chart)
- But for this daily chart, most indicators scream "I'm tired":
1. Look at this volume trending lower with the trend
2. Look at this momentum not taking off (I dont care whether you look at PriceRateOfChange, RSI or MACD...they all convey the same momentum message: "Exhaustion", "I'm tired, let me rest")
3. Or the price itself shaping up in an ascending triangle.
- However there's hope
1. If you are new to the crypto game, hop in fast to get a share of the current push towards 66700€, or wait for August bottom (ref: weekly chart)
2. If you are a 2013 veteran, stay in. Yes, this summer will be red, you could sell 20% of your position, but you will be gifted for Christmas, hold on just a few more months (ref: weekly chart)