How it's going... Sunday pumps.
Discussion
On coinable and Kraken we've hit this area.. Identified range, it came back and retested bottom of the range then pushed up to the top where it consolidated. Easy long to 21.6. If Flows now push into btc, as much of this is short squeeze and an unwinding of late shorts Friday, then It could easily push back up.. but not counting on that.
Not financial advice.. don't play with your corn.. but do have an idea if you are going to make buys, then try and be tactical with those decisions... trading fiat for btc, is still just trading your time... and you shouldn't do it willy nilly.
We had a lovely little pump
And it didn’t sell of! First trouble area did indeed act as resistance for like 30 minutes but now it consolidates above that zone. If trad fi is strong today and dollar is muted then expect pump. Watch gold for
Confluence - super interesting to see the flows of capital as a result of sentiment.