I woke up before my alarm went off. I fumbled for my phone in the dark and took a look—my account balance woke me up before coffee did… Day 44 of live trading, and this market really doesn’t give anyone a chance to sleep in.
BTC is at 81,690 now, down 2.2% over the past 24 hours. It peaked at 84,147 and plunged to a low of 81,444, with over 150 billion U in trading volume… The system’s 4-hour signals are still leaning bearish. I didn’t act on yesterday’s plan to go long at a lower price—I chickened out. Watching it head down, I’m actually glad I was slow to act. If I’d chased a long on this move, I’d be up on the mountaintop catching the wind today.
A quick look at XAUT, too: there’s clearly been more discussion about it these past few days. When risk aversion kicks in, you can’t hide the money flowing into gold. But it doesn’t move in sync with crypto, so don’t force crypto’s price-action logic onto it.
At this point, the system is still telling me to wait and see. It’s not pushing me to enter a trade. And I agree—better to miss out than get burned again.
Are you holding any positions today, or are you watching from the sidelines like me?
#₿ BTC $XAUT $BTC
BTC is at 81,690 now, down 2.2% over the past 24 hours. It peaked at 84,147 and plunged to a low of 81,444, with over 150 billion U in trading volume… The system’s 4-hour signals are still leaning bearish. I didn’t act on yesterday’s plan to go long at a lower price—I chickened out. Watching it head down, I’m actually glad I was slow to act. If I’d chased a long on this move, I’d be up on the mountaintop catching the wind today.
A quick look at XAUT, too: there’s clearly been more discussion about it these past few days. When risk aversion kicks in, you can’t hide the money flowing into gold. But it doesn’t move in sync with crypto, so don’t force crypto’s price-action logic onto it.
At this point, the system is still telling me to wait and see. It’s not pushing me to enter a trade. And I agree—better to miss out than get burned again.
Are you holding any positions today, or are you watching from the sidelines like me?
#₿ BTC $XAUT $BTC