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$BTC movement has been pretty clean from a technical perspective.
Standard sequence of breakdown, consolidation, bearish retest and back down since $106K
This recent low has shown a bit more strength, specifically in structure. No clean follow through on the breakdown is nice.
Needs more time to form a bottom and I wouldn't put on risk unless we close the daily above $67.2K
If we get a test of the weekly level around $54-55K, that's a good blind buy the first time.
I don't usually factor in too many headline news because:
1. A lot of them are just click-bait (noise)
2. The only ones that have consistently moved price and sentiment is Saylor and Trump-Iran news.
3. Hard to gauge influence to any of the headlines
General Perspective:
The goal is to make life-changing money. Most of you are not going to notice a difference in the trajectory of that goal by catching Bitcoin a few % higher.
Waiting for a new uptrend to form and then bidding choice ALTs is a more probable strategy to go from zero-to-hero.
However, that needs patience but since we lack that, there's the abundant amount of scam memes that can separate us from our money in the meantime.