BTC is ready to make the turn folks.
Get in where you fit in, or get left out.
Gaussian Channel is holding for almost a month.
Price has followed trend into the "Buy Zone" - $7900-$8600ish
Short-term support is holding with multiple points of contact.
I do NOT think we will go down to the log support line. In the past this happened 3 years post halving, which last was Dec. 2018.
RSI is ready to pop following a falling wedge pattern. This is bullish.
Fisher Transform ready to flip bullish.
Filter Dots are ready to flip to bullish.
Based on the chart and indicators I think we are ready to flip BULLISH in the next 3 days.
I also feel that once SPY and most market goes into correction given current overbought status, the money will need to go somewhere.
SPY at all time highs means pockets will be full of cash for high risk assets once the DJIA, NYSE, and NASDAQ markets starts falling.
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, VIXY.
Short SPY and AAPL.
Get in where you fit in, or get left out.
Gaussian Channel is holding for almost a month.
Price has followed trend into the "Buy Zone" - $7900-$8600ish
Short-term support is holding with multiple points of contact.
I do NOT think we will go down to the log support line. In the past this happened 3 years post halving, which last was Dec. 2018.
RSI is ready to pop following a falling wedge pattern. This is bullish.
Fisher Transform ready to flip bullish.
Filter Dots are ready to flip to bullish.
Based on the chart and indicators I think we are ready to flip BULLISH in the next 3 days.
I also feel that once SPY and most market goes into correction given current overbought status, the money will need to go somewhere.
SPY at all time highs means pockets will be full of cash for high risk assets once the DJIA, NYSE, and NASDAQ markets starts falling.
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, VIXY.
Short SPY and AAPL.