Jellee1

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$BTC - still in the same range.
Patiently waiting for the market to give me the entries I want. Until then, taking it slow.
Sun is out, time to get some yardwork done.
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$BTC still trades very similarly to the 2022 mid-bear consolidation.
If it keeps playing out the same, we'll see more chop around the $70k region until after the weekend, before price starts pushing lower.
All fractals break eventually - the question is, when will this one.
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Cryptobro's generally aim to go one of two ways.
A quiet life in the country, or dodging taxes in the desert.
I know which road I'm on.
What about you?
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Historically, buying $BTC at or below the 200w MA+EMA cluster pays off well.
If you want a simple strategy to get back into the market, DCA below the black lines may be the way to go.
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$BTC pushing into the resistance area again - minutes after NY open.
The usual recipe being served up again, it seems.
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$ES in an interesting spot.
Tagging the 200-day MA/EMA - while also slamming into support over and over again.
Strategy stays the same; monthly DCA, with capital available to buy a bigger drawdown.
Don't really care - time horizon is long enough that it doesn't matter anyway.
ES0,54%
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2022 mid-bear consolidation vs current PA.
If the fractal we've been watching for the past two months is to keep playing out, it's gotta happen soon.
Not a prediction of what happens next, just observing the similarities.
Fractals always break, the question is, when?
$BTC
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I still think many people are underestimating bear markets and how painful they tend to be.
We're currently down 44% from all-time highs, with the local bottom sitting at -53% from ATH. Previous 2 bears bottomed at -77% and -84%, respectively.
And sure, there's an argument to be made for less return in the bull meaning less drawdown in the bear - but even then; time has been a very consistent variable in crypto so far.
Bulls last around 150 weeks; bear markets around a year. In that aspect, too, we're not nearly where a bottom would usually occur.
I've heard the 'this time is different' argume
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The sooner you accept you haven't a clue about where the market is going in the short term, and then build your strategy around that - the better off you will be.
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I love that on every tweet I post theres a bunch of you eager to explain to me why this is in fact the right time to buy, and I'll hate myself forever if I don't immediately market buy everything
I wonder why that is
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Every bear market feels like the end.
It hurts for a good while, but $BTC has bounced back every time.
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$BTC is having another go at the big, fat, weekly resistance.
Bears are firmly in control of the market so long as prices stay below this cluster.
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ybaservip:
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One of the hardest things in bear markets is not getting fooled into buying the highs of a relief rally.
If you're waiting for lower to deploy capital - your best bet is to wait for either those prices to come, or for the market to prove you wrong by clearly forming a higher low.
The good thing about the matured market we're now in - vertical gains are incredibly rare, and trends with higher highs and higher lows are the new norm.
That means that even if you miss the bottom - there will be great buying opportunities.
Patience is the name of the game - it served me well in the bull run, it serv
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November-February PA sped up and pasted over the current price action.
Surely they are not just running the same playbook again?
$BTC
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Range highs acting as resistance, once again.
Don't get sucked into the overtrading trap.
Save that dry powder for your long-term spot buys.
$BTC
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Plan remains the same.
Some relief from here makes sense; but given how bear markets tend to last close to a year - I doubt the bleeding is over.
This time may be different - but until we actually reclaim key levels, I'm playing the patience game.
Usually pays off. $BTC
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In the grand scheme of things, bears are just long-term bulls looking for a better entry.
There is no need to be upset.
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Good morning! From the looks of it, the market is about to tell us where it wants to go next.
Reclaim resistance again, and bulls will have a much stronger case in the short-term.
Reject here, and the deviation + bear retest locks in, making $60k a likely target next.
$BTC
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