$BTC is a day and a half on from that 82.5k low and it hasn't gone anywhere since.
Last time I said the plan doesn't change because the week turned red. It hasn't.
CoinDesk reports the rally showing signs of cooling even as a 'bull score' gauge nears a perfect reading. Two ways of saying the same thing, and neither is a reason for me to touch anything.
Funding is 0.0029%. Barely positive after a 3.3% week down, so nobody is being squeezed and nobody is paying up to be here. Greed at 71 is warmer than a market three percent lower on the week deserves.
So I hold the long from around 80.7k and do nothing with it today. No adding into a flat tape, no cutting because a headline used the word cooling.
What would actually move me is a close back under the 82.5k low, or a real push at last week's 87.2k high. Neither is on offer at 83.3k.
Cooling is not the same as turning.
Last time I said the plan doesn't change because the week turned red. It hasn't.
CoinDesk reports the rally showing signs of cooling even as a 'bull score' gauge nears a perfect reading. Two ways of saying the same thing, and neither is a reason for me to touch anything.
Funding is 0.0029%. Barely positive after a 3.3% week down, so nobody is being squeezed and nobody is paying up to be here. Greed at 71 is warmer than a market three percent lower on the week deserves.
So I hold the long from around 80.7k and do nothing with it today. No adding into a flat tape, no cutting because a headline used the word cooling.
What would actually move me is a close back under the 82.5k low, or a real push at last week's 87.2k high. Neither is on offer at 83.3k.
Cooling is not the same as turning.
