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my thought process is very simple
we’re doing something different for the first time in 6 months,
so maybe we get a larger rally than anything we’ve gotten in the past 6 months.
I must look at it that way; if I don’t, it’s probably because I watched an obvious 3yr uptrend breakdown, and wrote articles about how bear markets no longer exist, as I watched many do.
instead, I was the loudest bear on the timeline, dodged -40%+ of the selloff, and bought the absolute bottom of the capitulation into $60k due to having preserved capital along the way
being objective is a superpower.
it’s just long term philosophy; always putting myself in positions to catch, and avoid, the moves that actually matter.
so reclaiming this trend, in addition to breaking out of the range this time around, opens the door for a larger move into $90k, where we can test the same trend which held as bottoms for 3 years [2D 200MAs], and also opened the door for a more aggressive and sustained selloff in recent months
if Bitcoin can’t rally to $90k, as stocks see record-breaking strength into new ATHs, and instead deviates back inside the range…
that would be a ‘signal’ in itself.
it wouldn’t be ‘lag’ at that point, it’d be sustained relative weakness.
goodluck to all.