Day two of Christmas in NL. Makes zero sense - but it's a good excuse to invite more family over and eat loads of food. So that's what I'll be doing. Merry Christmas pt. 2!
Three-day bullish divergence with the MACD about to cross bullish as well. Pretty sure the bottom is in - and $BTC will push back into six-figure territory soon enough. Recharge over the holidays, and hit the ground running next year.
When the weekly Stochastic RSI crosses bullish without price having moved hard already - it's time to pay attention. Usually means the bottom is in for $BTC. Pair that with a 3-day bullish divergence, and things are starting to look good.
Quite the year on here. Thanks to all of you who regularly engage with my content - in the midst of all the chaos, it's nice to have a community of like-minded people on here. Some of you are alright 🫡
Anyway, spending the next two weeks vibemaxxing with the family. Will check in here occasionally of course, we're all addicted to this hellhole - but the Market will be here in the new year as well. I wish you all the best holidays, spend it with the people you love the most!
$ETH held the key support again, despite bears giving it their best shot to force a breakdown. Looks ready for a push towards $4k in the coming months. You ready?
Sentiment in the gutted, price action all over the place - all while holding at a major support level. Nothing we have not seen before. Rinse & repeat? #Bitcoin
Rangebound PA continues for $BTC - as the Monthly open continues to act as resistance. Flip that, and we have another major hurdle to overcome: $91-93k. A couple more days to go until Christmas - wouldn't expect too much from the market in the coming days.
In the meantime, $ETH is back above the key support area. Looks much better like this. $4,000 remains the key hurdle to clear. Above there, price discovery awaits.
#Bitcoin continues to chop around the monthly open. One thing has changed; we've made a local lower low. Things are getting tricky again for the bulls.
The previous two rate cuts both resulted in #Bitcoin falling lower in the week that followed. Powell announced another rate cut yesterday - will this time be different?