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$BTC
I could imagine something like this next. Not setting any bids yet, gonna take a little breather and see how things develop. Even if price comes close, I'll likely wait for sweep + reclaim type play rather than blind bidding.
We'll see.
someone close to me did acid a year ago and realized he was coping with anxiety by overeating and immediately switched to coping with anxiety by running 7 miles a day (which he is still doing)
1/ On How Short Life Is
A few years ago, I was walking around in a blizzard in SoHo (New York). It was late, midnight, and it was beautiful.
Some friends, about 15 blocks away, called: "come over?"
It was late, it was cold, was tired, thought "maybe not worth it" but then...
$BTC
Failure to hold The weekly 21 Moving Average after an extensive uptrend:
Examples on the chart of the following occurence:
1) Price initially loses the weekly 21MA after an extensive move up
2) Price trades below the 21MA
3) Price attempts to reclaim the 21MA
4) But when its short lived and finds acceptance back below then the probability increases of continuation lower.
5) Is it different this time? Time will tell.
This is one of the shifts in context that puts me into defensive mode if I have spot exposure.
From a trading perspective, I'll continue to trade both sides of the market within the current range until a clear trend emerges, above or below the range.