Bitcoin is conquering resistances now which amazing, the trend is developing, and the 1W is showing signs that we will actually see higher prices soon.
Here on the 1D now price got inside the Kumo which you know is a no trade zone, and both ends are a potential target, while bull and bears fight. Don't chase green candles. The wisest approach is to wait for the price to reach one of the ends and get exposure there. We have a local resistance pertinent to Ichi too at 67K next.
We also see the Kumo closing up which is a great sign for the future. For now the longs at the Academy from 57K are protected, and we keep scalping the small movements one day at a time. 60-63 is a good support area. IF that fails we open the door again to 57 and even the support at 52K.
In no time bitcoin will definitely start to show the true colors of the current structure/pattern, all we have to do is be patient enough to act at the RIGHT time!
The plan goes on! 👺 $BTC
@TheCryptoCPA Coinbase also wrote Date Acquired for each transaction (though cost basis is written UNKNOWN) on their 1099 DA. Do they report Date Acquired also to IRS?
@CryptoTaxGirl Exchange already filled "date acquired"(date coin was sent to exchange, not bought) on each transaction witho unknown cost basis, on the 1099DA form they gave me. Does the government receive this false "date acquired" on their version of 1099DA form too?
@CryptoSays What is the status with 1D WP currently? I am confused. Sunday/Monday WP if it goes up from here? Tuesday WP if it gets rejected at 107500 and goes down?