Hi Ferris, I like to only trade btc on bigger charts; meaning monthly, weekly, daily candlesticks...Easier to see the moves. NFA but I agree with your sentiment. Especially due to the ETF rumors of getting approved. Remember when an ETF gets approved the retail sentiment is it will moon straight up Blackrock is in. If you actually research ETF's in general they will show almost a direct correlation with a long term decline from that point on. That is due Blackrock and other institutionals already has BTC coughers full from much lower. They are the ones selling to retail on this push up. Look at the COT data they have to put out weekly that confirms this statistic; they are all selling into this uptrend. They will then buy much lower before the real bull run later in late 2024 or 2025. I am looking to buy 20-23K range to accumulate but again NFA just my thought process. This is on the much bigger time scales chart wise that are all overbought ( Monthly,weekly and now the daily candlestick charts).
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