Long btc and eth here, esp eth, at max pain social sentiment, but besides that, I think mean revision is the name of the game in the start of a bull market, with us approaching elections, and with USDT market cap dominance % near last bull run highs, which would be a low level, thus allowing printing pressure to subside, launching btc upwards. I think the lowest we can go here on btc would be 64k/65k and i'd expect a green buy signal to show up if we push that low, if not we move sideways with chop till we can get a volatile move that resets and gives us a buy signal. I'm early cause I don't think it will be easily timed. GOOD LUCK!
Trade active
BOOM. this trade is still on going. I've closed the current positions and have taken some shorts. I expect this to go much much higher. Just not yet. Couple weeks.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.