BTC has 21 MEMA (monthly 21 ema) strong resistence.
In 2015 we saw a double bottom after hitting 21 MEMA.
In 2019 after short resistence we saw a pump and a year later a double bottom for retest.
I keep an eye to inflation, unemployment rate and also dry powder for lower levels and black swans.
DCA at lower price level seems to be still a good strategy for accumulation.
The bull market is not confirmed according to charts but clearly the markets are not so bearish right now.
Of course the price will do whatever it wants and it's hard to predict what will happen exactly.
In 2015 we saw a double bottom after hitting 21 MEMA.
In 2019 after short resistence we saw a pump and a year later a double bottom for retest.
I keep an eye to inflation, unemployment rate and also dry powder for lower levels and black swans.
DCA at lower price level seems to be still a good strategy for accumulation.
The bull market is not confirmed according to charts but clearly the markets are not so bearish right now.
Of course the price will do whatever it wants and it's hard to predict what will happen exactly.