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Bitcoin recently flashed an accumulation signal that has only occurred 5 other times since the start of 2023. Specifically, the 60-day Williams%R indicator has made a full oscillation from overbought (upper-bound) to oversold (lower-bound). Prior signals were very effective.
Feeling incredibly blessed lately. Just a bunch of gratitude, joy, and fulfillment. Be grateful for challenges. Embrace nuance. Lock in. And good luck.
During bull markets, bears can have their moment in the sun. But these periods are short-lived. Go back and study past cycles. Large & swift selloffs, followed by accumulation and uptrend continuation. Bears finally got a W... would be a shame if they got too comfy.
I just looked at the $ETH chart for the first time. Honestly, I expected it to be worse... Clean retest of the 200-day MA cloud: 🔵 200-day EMA 🔴 200-day SMA Bears, this is the best you have?
Bullish RSI divergence on 1 and 2-hour candles. Ideally, it forms on 4hr also. But that means more short-term downside. Be prepared.
Bitcoin retested its 200-day MA cloud, after producing higher highs, with the opportunity to defend the "breakout, retest, rebound" setup. So far, this doesn't trigger any alarm bells for me. Why? Because the uptrend, clearly, hasn't been invalidated.
Probably one of the most severe flushes I’ve ever seen on alts, I didn’t even imagine alts had this much leverage in them. It feels like someone got hit very hard and will see a large body float to the surface soon, reminds me a little of summer 2021. Good reminder to myself to…
Jesse, thanks. Where would I be without your uncontrollable desire to prove me wrong or call me out. Let me clarify. I remember that case perfectly... it was an accidental sell instead of buy order, which is why it was immediately followed by a buy order to repurchase it.
Have all of you forgotten how the last Tariff Tantrum was a buying opportunity for patient investors willing to endure short-term volatility?
I didn't even have time to react and see BTC hit $115.9k. Next thing I knew, we were down at $107k. So I bought at $108k. If we go back down there, I'll simply buy more.
If this isn't your reaction you're either over allocated or under educated @MilkRoadDaily @MilkRoadMacro is here to help with both Be like @CalebFranzen
I'm genuinely impressed with how unfazed I am. My biggest daily decline in net worth ever. It had to happen at some point. Oh well, it's a bull market... so I bought more BTC. You haven't studied past Bitcoin bull markets? Skill issue or intentional ignorance.
I'm genuinely impressed with how unfazed I am. My biggest daily decline in net worth ever. It had to happen at some point. Oh well, it's a bull market... so I bought more BTC. You haven't studied past Bitcoin bull markets? Skill issue or intentional ignorance.
Hahahahahahahahahahahahahahaha
If we dip back towards $116k (which is entirely reasonable, possible, and even healthy) and you all start saying "it's so over" again, I'm going to laugh hysterically.
I REPEAT: WE ARE SO BACK.
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