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"Are we in a bear market?" This is kind of the issue with the arguments about if we are in a "bear market" or not. Everyone's definition is literally different. If the logic is that "X% of correction = bear market" then by that definition we had 6 "bear markets" in the 2 year…
By definition a pullback of -20% or more in a security is a bear market. Crypto is -40% or more, so by definition Bitcoin has been in a “bear market” on this pullback
$BTC Sequence complete. Position closed for +6.2R Once the AM Suite locked the LGC, the run to 95k was pure engine logic.
$BTC First trade of the year, closed for +10R. Once we got the raid of the lows into the Daily OE w/v FTC, this was the trigger for price to 'rebalance' and seek out the next level of imbalanced flow. Understand 'how' price moves, not 'why' 🧩
$BTC The LGR is the line in the sand. Unless we break and close below, I still expect higher
$BTC The 4H LGC set the direction, and the RTOC provided the entry. Position closed for +4R 🤝
$BTC Close the week back inside the range, and we could see momentum continue to the upside.
$BTC Position closed for another +3R. Targeted the Weekly LGC EQ at 63.5k, but missed my TP by $2 lol
$BTC If we close the week below 53k, then I think we could see a potential move down to 42-44k
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