BTC bottom forming on Monthly
We are getting close, lots of fuckery and liquidity hunting around the MA200 weekly but the monthly cuts through the noise here. 12 and 20 MA crossed which last cycle was the bottom monthly candle. Monthly Stochastic crossing again, not much room to go lower. BTC obviously mirroring the Nasdaq but eventually there will be less sellers than buyers. I do not think we hit BTC all time high untill late 2024. Halvening meme is real. However people expecting much lower is the greed trade, people shorting here is pure greed, Just like people longing 50-60K was pure greed. Market will stabilize and we will get a bull into the US presidential election to favor the dems, which conveniently aligns with next halving. Is what it is. Not advise.
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