$BTC bear trap before new ATH
2024-12-30
Category: None

It seems to be consensus that  CRYPTOCAP:BTC  does something like this - 2023 fractal.

This was my plan for a long time, but now seeing this chart everywhere in CT makes me think we go to revisit range lows but skip the dip to 85/86k and resume higher in the most bullish seasonality: post halving year Q1. 

Bottom line is  CRYPTOCAP:BTC  is range bound 90-100k and any smart trader would tell you to be bullish at range lows (90k) and cautious at range highs. 

I am already long (cross margin) down to 90k and will add if we wick to mid 80s.

All calls for lower targets are unwarranted, and remember that  bull markets work by keeping majority sidelined. 