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Objectively:
$BTC is now trading under 100k with multi day close for the first time in over 6 months. Zero big bounce. Acceptance below 100k
Stocks now putting in some dangerous high timeframe closes.
BTC was weak with every tailwind imaginable. We hit 70s early in the year due to tariff fears and now just drifting lower due to ‘normal’ PA.
50 week MA broken and daily closures below. Next will be to look at weekly closure in 2 days time.
People still bullish and want to buy the dips.
Personally:
On track to be my first losing month since last July. -50k on the month. Although mid month so anything can happen.
It’s been the toughest month for me to trade in at least 2 years