I think we will reject the 8k level, so i'll reverse the position there for a quick bounce, before once again reversing to short.
Didn't catch the bounce unfourtunately. Reentered short with 50% of exposure at 9810 for a final break of the first support line Might take the whole week of next week
Risk-sentiment has changed in the markets. Dollar weakness is now a reality. Risk-on sentiment may lead to falls in risk-off assets, as we have seen in the last couple of days in gold and silver, Bitcoin as a higher beta-asset lagging behind.
The former two halvenings have been the midpoint in the cycles from a time-perspective. If bitcoin behaves as in the former, we might see a high in October 2021 Currently expecting pullback on smaller timeframe.
Second Entry - Breakout within 24 hours