Jellee1

Never fails.
$BTC

Good morning America.
The usual?
$BTC

Historically, when $BTC dips below the 2-year moving average - it's time to pay attention.
Not a bottom signal, but a sign that the bottom is approaching.
Be ready.

Even if the current low is the bottom of this $BTC bear (which I doubt), you generally have time to accumulate.
The same would be true if we get new lows.
When you see basing, combined with early signs of bullish market structure - that's when you really want to pay attention.

$BTC has started to fill the wick into the previous cycle highs.
As discussed over the past 1.5 weeks, bottoms take time to form and generally do not V reverse.
I continue to watch the show unfold - waiting for the right conditions to form to get long again.
Patience.

If we get any kind of multi-week basing structure inside this grey box, I think it's quite likely that forms the bottom.
Macro conditions continue to become more favourable for $BTC, with QT behind us and more expansionary policy becoming the norm again.
No need to buy the bottom exactly; just patiently waiting for the market to show where demand is, and then swim with the tide again.

Looks like the Americans just woke up again.
Lmfao. Never fails.
$BTC

US Job data again stronger than expected, and the stock market keeps chugging higher.
The disconnect between the stock market and $BTC at the moment is incredible.
What do you think caused this gap?

$BTC continues to follow the 2022 bear market roadmap closely.
Would see a relatively slow bleed towards the low $50ks from here - before bouncing back up; if it keeps playing out the same.
Lots of people talk about buying there. I wonder if they will if price gets there.

Lots of fear porn about AI taking over the world.
I'd like to see AI beat me at this.

$BTC is still rapidly moving lower; as it does in bear markets.
I'm waiting for the timeline to be full of posts giving up on crypto, and for the chart to be moving sideways instead of down vertically.
Until then, I'm not in a rush.

Doesn't look like we're getting the $BTC Dalai Lama just yet.
Price took out the local highs, and started bleeding back towards the lows again.
As discussed - this is the time to let the market come to you.
Sitting on my hands, waiting for the right conditions to buy again.

$BTC has spent the better part of 9 years inside this rising channel - and recently broke down into the lower quarter again.
Looking to buy around the channel lows once more.
Currently sits right around the low $50ks.

Since everyone keeps asking, if I had to guess, this is roughly what I'd be looking for in the coming months.
Low $50ks seems like a reasonable area for a high-timeframe bottom.
$BTC