gm fam
just some notes and things i am thinking about today
first and foremost
zooming out is a very important thing to do when you start feeling boxed in
another is checking to make sure your narrative remains consistent through multiple timeframes and in both linear and logarithmic form
linear clearly shows distinction between cycles and that comparing them problematic at best
long term....nothing has changed...bitcoin will be worth millions someday imho
D
its barely begun to make enough data points to be meaningful
D
now on a more local scale...what i see and what the market is struggling with are two things
one
this bull bear flag situation
maybe honeybadger just dont give a fuck...hope so because I think it would need to breakout above the 200ma to invalidate
or a spike downwards deep into the 30s
which with [redacted] fractal and everyone expecting up....has me worried....straight up with you
the other thing is this long/short ratio at 'fenix
its just not lined up quite right imo for a run upwards
i will completely honest...dont know much about it...not my bailiwick
just looks off
like waiting for some more to close
W
It also looks like in another week or two this will all be sorted out so be patient...keep your hands strong and stack sats imo
---------------
Don't taunt me to start drawing pokemons on charts again.
/s
Show Posts
