Well, since we both follow the same traders on Twitter I guess my opinion is almost the same as you... Nothing changed, the trend is still down, and imo we are going to get a small pump to 3950 to close the CME gap and then finally capitulate, it will be the first time BTC is under the 200MA which will make us go to 2,2k, 1,8k or 1k (some say that we are going to 740, I don't think so, but even if we go it's going to be one hell of a wick with everyone and their mommas buying. I'm going to wait, watching some MAs, some trendlines, some volumes and some stoch RSI, waiting to get signs of either a consolidation, a reversal or a dump... right now we don't have any thing saying up or down, what we have is people buying and thinking this is the bullrun, they probably forgot already how January-december was, with pumps of many % followed by dumps...
Is this the time to buy? For a good investor? No! Wait for confirmation (break of the 50MA). For a bad investor? Yes... Dollar cost average the shit out of cryptos, but don't cry when you see your portfolio go down 50%
I’m staring at the 50 and 200 MA monthly cross 🤷🏼♂️