$BTC BTC sitting around $64.9k after tagging that 67-68k zone we mentioned before.
Sentiment still deep in Extreme Fear (Fear & Greed ~22). The bounce didn’t flip the gauge yet.
On the 4H we’re forming another bear flag right into resistance. Pretty textbook spot for it. High probability we sweep down through 60k and possibly deeper from here. If that scenario plays out, we actually get a cleaner accumulation zone. My 60% cash reserve is sitting ready for exactly that.
If not, and BTC puts in a proper reaction by holding a weekly candle above that recent 74k high… then it starts looking like the bottom might already be in.
Either way — patience. No leverage. Just running the plan.
Back home in Adelaide after work, wife’s sorting dinner, kids are down. Charts doing their thing. Conviction in the process is still high.
DYOR. This is not financial advice.
What level are you watching right now?
Sentiment still deep in Extreme Fear (Fear & Greed ~22). The bounce didn’t flip the gauge yet.
On the 4H we’re forming another bear flag right into resistance. Pretty textbook spot for it. High probability we sweep down through 60k and possibly deeper from here. If that scenario plays out, we actually get a cleaner accumulation zone. My 60% cash reserve is sitting ready for exactly that.
If not, and BTC puts in a proper reaction by holding a weekly candle above that recent 74k high… then it starts looking like the bottom might already be in.
Either way — patience. No leverage. Just running the plan.
Back home in Adelaide after work, wife’s sorting dinner, kids are down. Charts doing their thing. Conviction in the process is still high.
DYOR. This is not financial advice.
What level are you watching right now?