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Genuinely asking for help or what I am seeing wrong, or if I& #39;m just big dumb blind idiot on my view on $BTC
Thread:
1 W Yearly open
Price trades above in intra-week trading. But can never close above only below. For 4 weeks it has now traded above. We have seen this before
Thread:
1 W Yearly open
Price trades above in intra-week trading. But can never close above only below. For 4 weeks it has now traded above. We have seen this before
Okay so on the HTF& #39;s we have a clear Macro bearish trend, but on the micro it& #39;s been bullish. However why isn& #39;t the last high classified as a LH after putting in the LL? I do get it& #39;s subjective.
Now in previous BTC rallies even on big bounces it has loved the .618-.786 levels. Which we haven& #39;t yet reached. We still may yet and can still remain bearish even if we do as it was a point of breakdown and LL on the HTF& #39;s as seen here
Why is price stalling? (Curve is only shown to reflect that) Why is it stalling and losing momentum at the Y.O? Below the 50/200 emas? Why can& #39;t it just close above the Y.O on the weekly? Has trading above all been to trap traders like in the past example?
I get that BTC has been micro bullish, but is it still truly? Do we expect to trade past 8.1-8.k or are expectations for the low 6& #39;s, to high 5& #39;s too unrealistic in these current global conditions? A lot of similarities between 10k and now
I& #39;m short from the yearly open, with some spot sells at 7123, and 7077.
I feel the HTF& #39;s we& #39;ve made lower highs since 10k. I feel that we just printed a LH, have not been able to close above the Y.O, and have seen a loss of momentum. I will fully buy back in in the below
I feel the HTF& #39;s we& #39;ve made lower highs since 10k. I feel that we just printed a LH, have not been able to close above the Y.O, and have seen a loss of momentum. I will fully buy back in in the below
scenarios.
Reclaim 7163 (I will lose less than 1% of my BTC holdings, and $0 USD in this instance.
Buy at 6.2-6.4k and 5.6-5.8k scaling in.
Most of my feed is bullish. I understand why, the daily chart has been. But did it not change? IDK man. Also I& #39;m celebrating a holiday
Reclaim 7163 (I will lose less than 1% of my BTC holdings, and $0 USD in this instance.
Buy at 6.2-6.4k and 5.6-5.8k scaling in.
Most of my feed is bullish. I understand why, the daily chart has been. But did it not change? IDK man. Also I& #39;m celebrating a holiday
hence the rambling on so please forgive me for my sins.
