We have to wait longer...
Yes, the market keeps us in a kind of horrible range, we neither go down nor go up...substantially speaking.
It seemed that the BITCOIN ETFs were coming back to life a few days ago, even GRAYSCALE seemed to buy again, but it seems that we are back on "stand By"...
It's fun to look for analogies of past cycles, hoping that they will happen again, but if I have learned anything it is that when it is so obvious what must happen, the opposite appears...
I continue with my short-term bearish BYAS...I don't like to be ashy but I think the bottom has to be at $51,000 where there must be an infinite number of STOPS to break...
In the meantime, I continue as usual with my daily DCA.
Have a very good weekend!
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I also think Bitcoin will test the fifties again after we couldn’t climb above 65k. Sentiment has cooled down which is kinda healthy but the sideways movement can be nerve racking and frustrating.
It's going to be tough to know when BTC will move. From what I can see, the ETFs have a lot of influence over the market and it will get manipulated alot.
It is true that this month will continue like this, the market will be very up and down, but we are not worried. The coming year is going to be a happy year for all of us.
I guess it has to hit those stops for liquidity =/
most likely
#hive