$BTC
1W & HTF has had almost no technical indicators that have indicated this move downward. RSI has no bearish divergences, volume has not been high on this drop, momentum was still bullish, we broke macro downtrend, 1M has confirmed almost every single bear market bottom sign, there was no reversal pattern, etc etc.
Bears will act like “they called this entire thing” but in reality we’ve been dumping purely on reaction to news (Binance hack, midterms, & Nvidia scandal).
This is one of those times where TA doesn’t matter so don’t try and fight it. Almost all of my HTF macro signals are still bullish. 1M, 1W, & 1D could move us higher at any given point. Although, I’d like to see a clean reversal set up on 1D before getting antsy. I’ll make sure I post the set up when it occurs.
$BTC
We just need to get past all this “drama”.
#BTC☀️ #CryptoAnalysisUpdate #MacroTrading #MarketSentimentToday #Write2Earn
1W & HTF has had almost no technical indicators that have indicated this move downward. RSI has no bearish divergences, volume has not been high on this drop, momentum was still bullish, we broke macro downtrend, 1M has confirmed almost every single bear market bottom sign, there was no reversal pattern, etc etc.
Bears will act like “they called this entire thing” but in reality we’ve been dumping purely on reaction to news (Binance hack, midterms, & Nvidia scandal).
This is one of those times where TA doesn’t matter so don’t try and fight it. Almost all of my HTF macro signals are still bullish. 1M, 1W, & 1D could move us higher at any given point. Although, I’d like to see a clean reversal set up on 1D before getting antsy. I’ll make sure I post the set up when it occurs.
$BTC
We just need to get past all this “drama”.
#BTC☀️ #CryptoAnalysisUpdate #MacroTrading #MarketSentimentToday #Write2Earn
