I'd buy BTC when we flip 52k again, not because I think it's anything more than a pet rock, but because the herd thinks it's the king, and it is the king, but only temporarily.
So sideways for 2 months IMO while alt soar. Put on eye out on DYDX.
So looking at the chart and I have some thoughts:
I'll start with the most important thing, I don't see any reason for buying BTC at the moment, there are just much better investment opportunities out there.
ETH and the NFT mania are here to stay, though they should cool off for a little. DEFI is strong and there are many yielding assets you can hold, and even if...
I see the similar fractal on ETH as we had on the BTC top plus we had a breakout with low volume.
I'll look for lower lows and lower highs for confirmation. I'll look at the blue channel as well, as it might be support if the bulls stay in control.
I'm not optimistic as we went up too fast. Fucking ADA almost reached it's ATH.
Worse case, max pain scenario IMO...
I think it's time for BB to pump, after the AMC distraction and the fake CLOVER pump, now it's time for the BB squeeze. 3rd time's a charm.
I'll look at 60$+ for selling. AMC got to FIB 2.618 extension on it's run.
Planning to move profits to GME for the real squeeze.
Good luck, power to the players.