$BTC Summary of the low, often these bounces are quick but not a sign of strength.
Often when liquidations are absorbed by takers it's a clean reversion trade.
Macro pairing
BTC / DJI (Dow Jones)
Pretty clean risk off and risk on rotations, within developing value ranges.
Seems history tells the tale of setting multi year ranges, in which we trade in & set value before macro moves (both breakdowns 2018 / breakouts 2021)
The Cryptocurrency Iceberg, explained.
This thread in designed to break down the barriers of entry for every crypto participant, starting at Tier One, which are the most common topics, all the way down to Tier Five, which are some of the most complex topics in crypto.
1/ Being flat is an abstruse concept in today's "cash is trash" zeitgeist, but any competent trader will tell you this mentality is foolish. If you do not have an edge, go flat.
@mgnr_io puts it best:
https://t.co/hw4aJW1b09