$BTC update: (Macro)
I said ‘no new relative low’ this month- wrong on that, sliced through due to global stock crises.
Plan from here onwards;
1. Fill 4D OB (1,000 BTC bids layered here for me)- no limit orders yet until price comes close. Consider it like the all in trade for myself to acquire such cheap BTC if given.
2. Flip 80,000 on 1W candle for a higher low print confirmation.
As for alts> nothing new. Dominance will continue to 65%, BTC same price-lower or higher> alts will be lower month over month in general.
I said ‘no new relative low’ this month- wrong on that, sliced through due to global stock crises.
Plan from here onwards;
1. Fill 4D OB (1,000 BTC bids layered here for me)- no limit orders yet until price comes close. Consider it like the all in trade for myself to acquire such cheap BTC if given.
2. Flip 80,000 on 1W candle for a higher low print confirmation.
As for alts> nothing new. Dominance will continue to 65%, BTC same price-lower or higher> alts will be lower month over month in general.
$BTC update: (Macro)
More confirmation with recent PA to validate the macro chart.
1. Any Weekly close below 78k= 4D OB
2. Any Weekly close above 86k= 94k
The 78-86k range can both be ‘Anger’ or ‘Late Anxiety’ phase. The macroeconomic data and global changes can shift significantly over next few months. The validity of either phase will be confirmed by the weekly close 1) or 2) as stated above.
If I write the details, it will be too much. Just a base psychological perspective, the moment 78k is lost on weekly, the general consensus of the public will definitely enter into a phase of denial. And contrary to popular belief, the moment 86k is reclaimed on weekly, the public will definitely enter into a phase of disbelief because they would’ve missed timing a perfect bottom. Both scenarios are reasonable and understandable in this perspective when analyzed hypothetically.
More confirmation with recent PA to validate the macro chart.
1. Any Weekly close below 78k= 4D OB
2. Any Weekly close above 86k= 94k
The 78-86k range can both be ‘Anger’ or ‘Late Anxiety’ phase. The macroeconomic data and global changes can shift significantly over next few months. The validity of either phase will be confirmed by the weekly close 1) or 2) as stated above.
If I write the details, it will be too much. Just a base psychological perspective, the moment 78k is lost on weekly, the general consensus of the public will definitely enter into a phase of denial. And contrary to popular belief, the moment 86k is reclaimed on weekly, the public will definitely enter into a phase of disbelief because they would’ve missed timing a perfect bottom. Both scenarios are reasonable and understandable in this perspective when analyzed hypothetically.
$BTC update (LTF): Been away for 2 weeks on a deserted Island, going back home tomorrow. Small carry forward from discord> highs got taken first and a very basic rising wedge here with OI risen a-lot past few days (minimal spot buyers). Unemployment claims on Thursday -17th, expect LTF to chop A LOT next week
$POPCAT Slightly off target on the TP (as it was measured through an extended fib) but all good as I mentioned in update above ~move stops in profit. Almost a -70% move was captured from the top, now new plan as drawn in the image. External range liquidity play one side to the other, hoping for a wick into green box before that happens.