People are hating this $BTC rally right now.
It actually gives me so much more confidence that crypto goes higher soon. People gave up, threw in the towel, and now they get to watch this upside move without enjoyment.
"Not for long"
"See you in a month"
"This isn't even upside"
"50k next, just wait"
"Nope. Not happening"
"Can't ignore bear flags"
People will sell their crypto at the lows and then cheer for it to go lower. $BTC AND $ETH structure actually look great right now. Ignore it if you want, but no exposure to crypto is the offsides play right now. #Bitcoin dropped -52%, #Ethereum dropped -64%. Those are bidding opportunities, not sell your stack and wait for lower opportunities.
Here we go.
Bitcoin finally pushing through the 6 month down trend resistance.
We still have an hour and 45 minute to go until the daily close... but if we can sustain this and close here or above...
Expecting some rapid moves across the entire market.
With SPX, RUT and Copper all being so strong today, I am expecting this to hold.
What do you think chads?