Inflection Point - Bitcoin
1. Day 29 of 60-day Cycle. Half Way through Cycle. So closer to topping point (potentially)
2. Easy money for this Cycle has been made!
3. Still in a confirmed downtrend intermediate term time-frame. Careful from here.
4. Still well short of March Cycle high of $11,870. Cannot flip fully bullish until we see higher Cycle high. But time in this Cycle running out.
5. Last Cycle Low (April 1st) did NOT fail, stayed above prior Cycle Low on (Feb 6th). So, a potential bullish trend reversal working.
6. Trading Theme - Start to lighten trading loads and stops. Meaning do not go for home runs anymore, we did that past 30 trading days. Time for "singles". Know when to put pedal to the metal and when to be cautious.
7. Not a bear or bull here on Intermediate time-frame, remaining patient.
8. Long Term - BULLISH!!! Buy. #HODL
2. Easy money for this Cycle has been made!
3. Still in a confirmed downtrend intermediate term time-frame. Careful from here.
4. Still well short of March Cycle high of $11,870. Cannot flip fully bullish until we see higher Cycle high. But time in this Cycle running out.
5. Last Cycle Low (April 1st) did NOT fail, stayed above prior Cycle Low on (Feb 6th). So, a potential bullish trend reversal working.
6. Trading Theme - Start to lighten trading loads and stops. Meaning do not go for home runs anymore, we did that past 30 trading days. Time for "singles". Know when to put pedal to the metal and when to be cautious.
7. Not a bear or bull here on Intermediate time-frame, remaining patient.
8. Long Term - BULLISH!!! Buy. #HODL
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