Jellee1

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$BTC is retesting the daily bearish flag from below 👀
BTC0,73%
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$BTC in the process of taking out the downside liquidity, 3 pockets hit so far.
Lately we've seen a lot of weekly highs form early on in the week; wouldn't surprise me if this is another one of those weeks.
Relief rally today, stall tomorrow - and then start pushing back down.
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$BTC rejected from a massive resistance zone between $70,000 and $80,000.
The market likely needs some time before it gets back above.
BTC tends to show plenty of signals to get in before the real uptrend kicks off again.
Until then, patience is my game.
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$BTC's bear market lows have historically formed below the 0.618 retracement level.
Is this time different?
Doubt it.
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$BTC formed a high-timeframe bearish flag into key resistance, and broke down.
Doesn't mean zero next; but it does add confidence to the thesis that - just like all previous cycles - bear markets take quite some time to complete.
Patience remains my game.
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ChenDaozaivip:
Just like Buddha's bones, same here, same here
GM & Happy new week!
$BTC's local uptrend is over - as expected - and price is starting to move lower again.
Testing the previous lows as resistance as we speak; bears are back in the drivers' seat.
BTC0,73%
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screw daylight savings time fr
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Good morning & happy weekend 🤝
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Markets moving as expected heading into the weekend.
Plan remains the same.
See you guys on Monday, enjoy the weekend!
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Timeline wants you to be bullish here.
I still think patience is the play.
We'll know soon enough who'll end up right.
$BTC
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I understand that people want to get this bear market over with, but historically - it takes a while before $BTC finds it bottom.
Patience brothers. Both in the bull, and the bear.
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Many people look at crypto as a good way to make some money on the side, and then end up staring at charts for hours every day.
Allocate that time towards building a strategy that requires as little time as possible, and then use those time savings to do better things.
Spend time with the family, make yourself useful, learn a new skill.
The market just exists to make you money. Don't be a slave to it.
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The market is starting to move again; but it changes nothing for me.
Either I get the entries I want, or the weekly RSI tells me it's time to start buying earlier.
Both outcomes are fine. I simply stick to the plan - as always.
$BTC
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$BTC is breaking down from the major bear flag 🚨👇🏼
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GateUser-1d63bd46vip:
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humans saw this and decided to invent perpetual futures contracts
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Buihailongvip:
HODL tight 💪
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$BTC is pushing through the white trendline, after locking in a clear lower high on the lower timeframes.
Liquidity down below starting to pull price down.
Lose $67,000 and we're back to bearish market structure, even on the lower timeframes.
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Simply waiting for $BTC's Weekly RSI to make a higher low again.
Until then, I'm not in any rush to buy.
Simply letting the bear market unfold.
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JoshuaParawansavip:
Paying Close Attention🔍
Monthly S&P DCA continues - just added another chunk to the portfolio.
Hoping to get a larger dip in the coming months as discussed, where I'll add more significantly.
Midterm-years tend to bring good buying opportunities.
Bring it on.
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Weekly timeframe paints a clear picture too.
Breakdown of HTF support, followed by multiple failed attempts to reclaim.
We got the steep part of the bear market covered; time for the slow bleed phase next? I think so.
$BTC
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$70-71k confirmed as resistance again.
Still a bunch of liquidity built up below, generally not what you see at market bottoms.
Expecting that liquidity to be taken out; sooner or later.
$BTC
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