Jellee1

Every $BTC bear market so far has found its bottom below the 0.618 retracement of the previous bull cycle.
We just tested that level for the first time.
Many seem convinced the bear market lows are already in - but if history repeats, we still have to make our bear market low.

Woke up to a fearful timeline, but from the looks of it, $BTC bulls are stepping in to defend the previous range lows.
Still think this looks good for a relief rally in the next weeks - which would give the market room to drop into October without nuking much deeper.
Not bad.

$BTC has spent the past nine years within this rising channel and has formed three HTF bottoms at those channel lows we are testing again today.
Hold these lows over the summer, and the party keeps going for another cycle.
Targeting at least $200,000 if we do.

No fiat currency has ever caused purchasing power to grow.
They all trend toward zero as governments print more money to fix their retarded budgeting.
Investing is the only protection: Bitcoin, stocks, real estate - anything they can't print more of.
H/T @River

Usually, by the time the weekly death cross flashes on $BTC , the bear market is already ending.
That signal just flashed again.
The bear market is losing momentum.

They always say 'one more low, and then I'll buy'.
I would love cheaper coins too - but staying sidelined until you maybe get your dream entry is a big risk to take.
I simply start DCA-ing when I think 'that's cheap enough'. If price then goes lower, great; my average entry will go down accordingly. If it doesn't - I still have my exposure.
In the meantime, we chill.
Win-win. Just the way I like it.

Range lows reclaimed.
It wouldn't surprise me if we test $70k in the coming weeks.
bitcoin:native

$BTC is back above the 50-day EMA 👀
The last reclaim triggered a rally from 68k to 82k.
Will we see gains like that again?

Big win for the bulls, $BTC has reclaimed the previous range lows!
Good start, but still loads of levels to break before things really change for the better.
It's still summer; tends to be slow - and I'll treat the market accordingly. DCA, nothing more.

The Dorito indicator (Insilico Leledc) flashed on both the weekly & 3d timeframes 👀
The indicator does not flash very often, but when it does, it has never failed to trigger a bounce.
More and more signs of the bear market ending - adding more confidence to my DCA.

Deviation below the lows for $BTC .
Hold 63k from here and I would not be surprised if we backfill some of the vertical drop we saw earlier this year.
Plan remains the same; DCA over the summer.

Bull pennant breakout + Retest.
The S&P looks ready to rip higher.
Bags packed. Let's roll.

$ETH bounced right where it mattered most - preventing a major breakdown.
Lots of resistance to clear before this chart looks good again - the fact that it's been ranging for over 5 years makes it uninteresting to me.
Perhaps that means I'll miss out, and that's ok.

The RSI has always provided a signal that the bear market bottom was close.
I've been buying $BTC every week since I saw that signal flash again last month.
Bottom may not be in, but it's close enough for me to be a buyer.

$BTC reclaimed 64k and broke the local downtrend line 👀
The first major hurdle has been broken.
Plenty more to go.

$BTC does not print a 3D Bullish MACD cross below the zero line very often.
But when it does... it can spark major rallies.
Another signal telling me that seller momentum is running out 👀

Gold outperforms for 14 months, and then it's $BTC 's time to win again.
Looks like the pattern worked for a fourth time.
Reclaim that resistance level, and we can go back to laughing at Peter Schiff for a good while.