Five straight red weeks. $BTC at $75,800, fear at 28, and $1.28 billion walked out of the ETFs this week alone. I've been asked all week why I'm not buying the dip, so here's the honest answer: I'm not, yet.
My rule this cycle has been simple — I don't catch a falling knife while the weekly candle is still bleeding. What flips me to buyer is boring: a weekly close back above $78,000, or a soft CPI print on Tuesday that actually stops the ETF selling. Until then I'm sitting on my hands, and honestly, sitting on my hands has been my best trade of the last month.
So what's your line in the sand — what has to happen before you buy again?
My rule this cycle has been simple — I don't catch a falling knife while the weekly candle is still bleeding. What flips me to buyer is boring: a weekly close back above $78,000, or a soft CPI print on Tuesday that actually stops the ETF selling. Until then I'm sitting on my hands, and honestly, sitting on my hands has been my best trade of the last month.
So what's your line in the sand — what has to happen before you buy again?