If we see a bounce off resistance at 35-36k (i.e. confirmation of breakout), we will likely see a deeper bottom and potentially a bullish div on 1h+4h. Then we may start a DCA Scheme (HODLers) or open a short-term long position (scalpers) - or both (redundant).
Macro and global leverage is still very scary, so I'd just wait it out. Do not analyse BTC as an asset completely uncorrelated with the stock and bond markets - it is not. See my linked post for my take on macro for more perspective.
I think this situation right here is untradable.
Never take the words of others as a given!
DYOR.
NFA.
I wish you all well ð
Macro and global leverage is still very scary, so I'd just wait it out. Do not analyse BTC as an asset completely uncorrelated with the stock and bond markets - it is not. See my linked post for my take on macro for more perspective.
I think this situation right here is untradable.
Never take the words of others as a given!
DYOR.
NFA.
I wish you all well ð
