Due to some technical indicators, imho BTC is over stretched and due for a connection back to the 21 week moving average. I exited positions of BTC & ETH into USDC, I still have a ton of ETH I can't sell due to being locked up in collateralized loans.
Will be watching the charts closely every week now for re-entry.
Will be watching the charts closely every week now for re-entry.
Note
Note
BTCUSD still not looking great on the Weekly chart, waiting for tomorrow to see how the next Weekly candle starts off...
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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.