Jellee1

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US Markets remain closed today for the 4th of July weekend - expecting a slow afternoon.
Perfect time to relax, light the BBQ and grill some steaks.
Will send food pics later today. Enjoy the weekend!
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After weeks of consistent selling, the $BTC ETFs saw sizable inflows yesterday.
Are the boomers done capitulating?
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$BTC is developing nicely, and is starting to look constructive once again.
Higher-timeframe bullish divergences formed, with the daily reclaiming some lost levels as well.
$63k and $65k are the primary reclaim objectives.
Sticking to my plan!
BTC0.73%
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I'll buy some coins once a week, but this is how I'm spending the rest of my summer.
Call it bull market preparations.
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Very happy with how I've played this bear market so far.
Was able to sell most of my holdings before the top, waited patiently, and then started DCA-ing back in a couple weeks ago.
$BTC is starting to show signs of a bottom forming - which is good news.
Then again, it generally still takes a while before we actually start a new bull market - which means all the more time to accumulate.
So far, everything is going to plan.
Let's keep that going.
BTC0.73%
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Bulls are putting on a good fight here - locked in a 3-day bullish divergence, and starting to push back towards the previous range lows.
Get back above $65k mark and things start looking rather good again...
Plan remains the same however, slowly scaling in.
bitcoin:native
BTC0.73%
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In 2024, we spent more than half a year ranging inside this grey box.
Wouldn't surprise me if we see a similar range form over the rest of the year.
Opportunity to accumulate, while driving everyone insane.
bitcoin:native
BTC0.73%
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When $BTC's Weekly RSI tags oversold, and then makes a higher low - the bottom is usually close, or already in.
Is this time different?
I doubt it.
BTC0.73%
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$ETH just posted its lowest monthly close since December 2022.
bitcoin:native closed that month at $16.5k
Underperformer.
ETH2.10%
BTC0.73%
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The battle for $60k goes on.
Bears keep pushing price into the fifties, only for bulls to drag it back out.
All the same to me; I stick to the long-term plan.
The rest is just a speed bump on the way to new all-time highs.
$BTC
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In the depths of a bear market, it's tempting to try to time the bottom.
You might get lucky once, but only few people consistently beat a simple buy-and-hold strategy that way.
I DCA instead. It removes the emotion and still lets me accumulate near the lows.
$BTC
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The past $BTC bear markets all bottomed after around a year.
It feels like the bottom is nowhere in sight - but that's a familiar feeling for those who've been through it before.
If this cycle follows the same pattern, we're roughly 75% of the way there.
Opportunity is coming.
BTC0.73%
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$BTC is slowly bleeding through the 2024 price range.
Feels like we're getting closer to a proper capitulation.
If we start trading towards the lower fifties, I expect a lot more people to panic, think it's over forever, and paper hand their coins - similar to the 2022 bottom.
Obviously doesn't have to do the exact same, but it's interesting to monitor the fractal nonetheless.
Opportunity is approaching. Time to pay attention.
BTC0.73%
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Arfan221:
oediehkehejdhdndgdhdhehe
$BTC just posted its lowest monthly candle close since January 2024.
Bear market things.
BTC0.73%
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The proposed Dutch unrealized gains tax is facing heavy scrutiny in the Senate 👀
Senators discussed the tax reform bill today, and they tore it to shreds.
Remains to be seen if they'll vote accordingly, but pleasantly surprised by how many parties spoke out against it. #BOX3
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Every bear market so far bottomed well below the .618 retracement of the bull market before it.
$BTC is getting close to reaching that retracement again.
Question is, how deep below it do we go before the market finds a bottom?
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$BTC has traded inside this channel for nearly 9 years.
We're currently testing the lower boundary again.
Can it hold again?
BTC0.73%
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$SILVER is still playing out similarly to $BTC in 2017.
Been watching this fractal for nearly a year.
Human psychology never fails.
Incredible.
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XAG1.95%
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Lmao just came back from the doctors, small slip up in the garden got me 2 stitches between my thumb and index finger and a tetanus shot
👍
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Trend remains intact: bears are in control.
$BTC
BTC0.73%
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