It's probable BTC breaks up to test 55K before seeing what the medium term trend will be. This is what I am looking for
BTC retesting resistance. Looking bullish if we can break above. Global tensions may be reviving the BTC safe haven narrative. This strength being shown despite a weak day on the Nasdaq. We are looking for BTC to eventually decouple from legacy markets.
Can we break this ascending triangle on the third touch?
BTC is currently trading in correlation with the Nasdaq as a risk on asset. It's following the movements of the Nasdaq but with greater volatility. My hope is that at some point in the future, BTC will decouple from legacy markets and be viewed as the decentralized safe haven store of value that it was designed to be. At current levels I continue to scale in to...
SQ is undervalued and oversold. As long as the Nasdaq is weak it is likely to continue to drop. I might look to layer into a position between the macro .786 and the point of control of the lower range. Good investment for a five year hold.