Jellee1

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$BTC is chopping around while facing a monster resistance area.
Generally speaking, reclaims of such areas can take a few months.
My approach here is to pay as little attention to LTF moves as possible. The chart is merely there to fuck with your emotions.
You have your areas of interest, don't get fooled into taking trades you never really wanted to take.
Let the market come to you.
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2 ways to wait for the bear market to be over
Choose wisely
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$BTC has spent nearly 9 years inside this rising channel - and I think we'll stay inside it for at least a couple more years.
Question is; can we crack that midlevel again in the next bull run?
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GM GM
$BTC's liquidity games continue.
Equal highs at $76k do not look safe.
If we get a sweep, I think we likely revisit the $71k area at least.
Until then; choppy market. Don't get sucked into trades you don't actually believe in.
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Plan remains the same.
Either I enter based on price, or when the RSI makes a strong HL.
One of the signals will flash - and then I will act.
Until then, I let the market come to me.
$BTC
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The S&P now less than 0.5% away from making new all-time highs.
And people wonder why I diversify beyond crypto.
Low stress, low risk, decent return year after year.
Boomer strategy 👍👍
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Bulls and bears fighting hard for this major resistance zone.
Generally takes a while before $BTC gets back above such a major level.
See 2023 for reference.
Patience.
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Liquidity games still in play.
$BTC technically tagged those previous highs - but I'm viewing this as an equal high rather than a sweep, barely went above it.
Keep an eye out for a real sweep above there; that'll likely catch a lot of traders off guard.
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$BTC and $GOLD keep taking turns to run.
Goldbugs had their fun over the past year, but it looks like it'll be Bitcoin's time to shine again soon.
Bottoming process could take a while still, but once we reclaim that grey box, Peter Schiff is in trouble.
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$BTC tagged the upper limit of the bearish flag, and got rejected.
Time to pay attention.
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$75,000 acting as resistance for $BTC, leaving equal highs. Technically a sweep, but too little for me to trust it.
Bias remains down, but doubt shorts get a free ride from here.
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Meanwhile, the S&P is already back within 2% of all-time highs. Truly a different beast.
Shame I didn't get the bulk buy entries I was looking for - but hey, that's why I DCA.
Still paying close attention for a potential entry in size, still a lot of uncertainty in the market.
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Many people mistake expecting lower prices with going short - but there's a rather key difference.
If you're short here, you're likely gonna get blown the fuck out.
Market could pump to 80k, ruin you - and then correct.
You might think shorting is the way to make money in a bear, but you'd just be providing liquidity to the big boys.
Be patient, let the market come to you.
There'll be time to adjust course even if you never get the entry you're looking for.
A true $BTC bull market tends to last for years. You don't need to rush.
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$BTC - testing the 100-day EMA for the first time in 3 months.
Can it break out this time?
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The market loves to trick you into making moves you do not want to make.
I've made my plan, and contingency plan for when the main plan does not play out.
After nearly 9 years in crypto I have learned one thing: patience always pays off - one way or another.
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Bulls winning some battles on the low timeframes again, but the real challenge still lies ahead.
$76-78k is the main area to reclaim imo.
Until then, I still lean towards this being a bear market relief rally.
Sticking to my plan.
$BTC
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Time for the big test for $BTC soon.
The last time Bitcoin got this close to breaking out, the 100d EMA ruined all the fun.
We're just below that MA again, today.
The perfect place for bears to step in again, but also the place for bulls to step on the gas.
Let's see.
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GM!
$BTC continues to show strength, making yet another local higher high - and turning the $70,000 area into support.
The market is shifting. Time to pay attention.
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$BTC looking more and more ready to complete the Bart move here.
H&S-like structure, potentially forming the right shoulder here.
As said earlier today, eyes on $70.5k.
Lose that and we likely full retrace the 'ceasefire' pump.
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