If you panic every time $BTC moves down a few % you probably aren't taking profit at resistance.
Take some profit so you can be chill at these times and have a plan in place for both bullish and bearish scenarios.
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$BTC Still ranging, holding the .618 Fib level (~$45.7K).
$52-53K is still the level I would like to see flipped for continuation of the HTF up trend.
Don't get chopped up in between. These periods are awful to trade BTC unless you're great at scalping.
Trends are much easier.
$BTC following the $SPX a lot still.
Considering this, BTC has held up relatively well to be honest.
We've seen these "correlations" happen before and eventually BTC just goes off and does it's own thing.
For now, we're still following
Weekly summary of 50+ #Bitcoin signals from top #onchain analysts.
COLOR CODE:🟩Buy zone 🟨Hold 🟥Sell zone
---> ✅TREND: Bullish
---> ⏰#BTC is 36% of cycle top
---> 🎯CYCLE TOP: $171,858
---> 🚀TLDR: Ready for takeoff
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