Jellee1

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Plan remains the same.
Either I enter based on price, or when the RSI makes a strong HL.
One of the signals will flash - and then I will act.
Until then, I let the market come to me.
$BTC
BTC-1,84%
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The S&P now less than 0.5% away from making new all-time highs.
And people wonder why I diversify beyond crypto.
Low stress, low risk, decent return year after year.
Boomer strategy 👍👍
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Bulls and bears fighting hard for this major resistance zone.
Generally takes a while before $BTC gets back above such a major level.
See 2023 for reference.
Patience.
BTC-1,84%
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Liquidity games still in play.
$BTC technically tagged those previous highs - but I'm viewing this as an equal high rather than a sweep, barely went above it.
Keep an eye out for a real sweep above there; that'll likely catch a lot of traders off guard.
BTC-1,84%
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$BTC and $GOLD keep taking turns to run.
Goldbugs had their fun over the past year, but it looks like it'll be Bitcoin's time to shine again soon.
Bottoming process could take a while still, but once we reclaim that grey box, Peter Schiff is in trouble.
BTC-1,84%
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$BTC tagged the upper limit of the bearish flag, and got rejected.
Time to pay attention.
BTC-1,84%
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$75,000 acting as resistance for $BTC, leaving equal highs. Technically a sweep, but too little for me to trust it.
Bias remains down, but doubt shorts get a free ride from here.
BTC-1,84%
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Meanwhile, the S&P is already back within 2% of all-time highs. Truly a different beast.
Shame I didn't get the bulk buy entries I was looking for - but hey, that's why I DCA.
Still paying close attention for a potential entry in size, still a lot of uncertainty in the market.
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Many people mistake expecting lower prices with going short - but there's a rather key difference.
If you're short here, you're likely gonna get blown the fuck out.
Market could pump to 80k, ruin you - and then correct.
You might think shorting is the way to make money in a bear, but you'd just be providing liquidity to the big boys.
Be patient, let the market come to you.
There'll be time to adjust course even if you never get the entry you're looking for.
A true $BTC bull market tends to last for years. You don't need to rush.
BTC-1,84%
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$BTC - testing the 100-day EMA for the first time in 3 months.
Can it break out this time?
BTC-1,84%
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The market loves to trick you into making moves you do not want to make.
I've made my plan, and contingency plan for when the main plan does not play out.
After nearly 9 years in crypto I have learned one thing: patience always pays off - one way or another.
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Bulls winning some battles on the low timeframes again, but the real challenge still lies ahead.
$76-78k is the main area to reclaim imo.
Until then, I still lean towards this being a bear market relief rally.
Sticking to my plan.
$BTC
BTC-1,84%
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Time for the big test for $BTC soon.
The last time Bitcoin got this close to breaking out, the 100d EMA ruined all the fun.
We're just below that MA again, today.
The perfect place for bears to step in again, but also the place for bulls to step on the gas.
Let's see.
BTC-1,84%
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GM!
$BTC continues to show strength, making yet another local higher high - and turning the $70,000 area into support.
The market is shifting. Time to pay attention.
BTC-1,84%
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$BTC looking more and more ready to complete the Bart move here.
H&S-like structure, potentially forming the right shoulder here.
As said earlier today, eyes on $70.5k.
Lose that and we likely full retrace the 'ceasefire' pump.
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At least a small portion of my portfolio is still in a bull market.
$HYPE just keeps defying gravity, trying to turn a major resistance into support today.
Crazy, but works for me.
Onwards & upwards.
HYPE1,92%
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It generally takes a while before a big resistance zone like this is reclaimed.
$BTC could chop around below it for months - and nothing would change.
Except CT would collectively lose its mind.
Also would mean 4y-cyclers get their October bottom.
What if?
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The second half of the $BTC bear market tends to be the hardest part.
You've got the steepest sell-offs out of the way, and sideways price action becomes the new norm.
Boredom is not a good reason to buy, however.
I'm sticking to the plan 👇
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$BTC has historically followed a clear pattern; 3 years of bull, one year of bear - repeat.
So far, we're about half a year into the bear market.
Another half a year to go, unless that pattern breaks.
Both are fine by me, simply waiting for the market to show me the way. 🧘‍♂️
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Big test for the bulls, trying to turn the $70k region into support again.
Previous attempts failed, but if bulls can pull it off this time, the case for extended relief towards the $80k region becomes stronger.
Until then, viewing this entire area as a big chop range.
$BTC
BTC-1,84%
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