$BTC, Key points in the macro/big picture

Jul 24, 2023

BTC

Key points in the macro/big picture:

About to test Bollinger mid band for the 3rd time since the absolute bottom (16k). Each time this has happened, #BTC bounced back up.

Ichi cloud upper line being tested for the first time since 2021. (Bullish if it retakes the upside.)

Don't fall for small corrections (even if it gets boring/slow). The path, at least for now, remains bullish.

Aug 1, 2023

Comment

BTC

The latest wick on the BTC chart is retesting the Bollinger mid band - this is the 3rd time since the absolute bottom (16k).

Each time this has happened, #BTC has bounced back up.

While it's not a spot to be overly bearish, let's wait and see.