Jellee1

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.

$BTC pushing into the resistance area again - minutes after NY open.
The usual recipe being served up again, it seems.

$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.

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

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

$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.

November-February PA sped up and pasted over the current price action.
Surely they are not just running the same playbook again?
$BTC

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

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

CT lately

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

Main thing driving my thesis: $BTC bear markets have historically ALWAYS bottomed well below the 0.618 retracement level, which currently sits at $58k.
The previous bottoms even went as far as 0.786, but with each bottom being less deep below that, it's unlikely that we will go that deep again.
As such, I'm holding off on starting re-accumulation until we at least dip below $58k.
Personally think somewhere in the middle of the grey box makes sense for a bottom - but we'll see about that.
Bear markets take time to unfold, so I can afford to be patient.
Snipers spend most of their time waiting t

$BTC has been closely correlated with its 2022 bear market path.
Fractals generally don't play out 1:1, but they are a good way to see how similar environments played out in the past.
Worth keeping an eye on.

$BTC spiking into the resistance area just after the NY open - earlier for the next 3 weeks due to daylight savings.
Wouldn't surprise me if we reject from here soon & visit the $65k region again next.

$BTC giving some relief ahead of the NY open.
Entering resistance area here - pretty likely we push back lower in about an hour or so.
Taking it slow as you know - letting the market come to me.