Bitcoin / TetherUS

BTC Melted, what to do!?

- Main reasons for the fall.

***LSR long short ratio is above 2 ... will keep falling.

***SPX 500 falling

***FOMC being tough on containing inflation

***FED leaking information that will make at least 4 interest rate increases
this year

***Accumulation Wyckoff (last hope to move up from there).. I'll go into 41500
Stop 0.8% below 39600 (last hope of upside bottoms on weekly) Macd crossover is up ZERO on monthly.
If it is not Wyckoff accumulation (Spring test) I will start accumulating for the long term, entry into the support of the
ichimoku cloud at 35500k and tb VWMA 20 from Monthly.
Another entry would be on monthly Poc support.
(last support from bull) 29500

VWMA 20 volume weighted mobile media 20 month period. Powerful!
POC - Fixed Volume Range Profile

Btc dominance just dropping and ETH already catches more than half.

Suggestion:
In Bear MRKT, don't get more than 20% long.
In a side market (which we are in), don't get more than 30% long.
In Bull MRKT, don't get LESS than 40% bought.

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