I picked up a bit of a bearish divergence yesterday for $BTC... was hoping it wouldn't play out. Looks like it might just do that... that's why this period is often longer than most expect. #crypto #btc
That could be the case. I am not going to argue against that. We will see but I wouldnt be surprised if that is the case. We will see what the liquidity situation looks like.
There is no indication we are in risk on sentiment. Things are moving in that direction but it could take a while.
Yep, Chapter 1 is predominantly still accumulation, that's why my expectation has been a bounce around between $25K and $40K until year end.
That could be the case. I am not going to argue against that. We will see but I wouldnt be surprised if that is the case. We will see what the liquidity situation looks like.
It wouldn't be a bad thing... it also creates a window to fine-tune this machine.