Replying to Avatar TheGrinder

Don't listen to the "Bitcoin back above $40k" media blabla.

We're still following the trend. Sub 50 RSI since the ETFs launched and the only indicators that matter right now are the FIB, the 7 and 25 MA and the RSI on the 4h chart. There is no trend change until those indicators say so.

I don't make the rules. 🤷‍♂️
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Laeserin 1y ago

Basically like an IPO. Run up to the hype, then sell the news.

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TheGrinder 1y ago

ETF wise absolutely but it was time to blow of some steam either way. 2023 has been the most bullish bear market I've ever seen 😉

Even if we were to go down to around 31k pre-halving, it would be still a healthy level.