Have you figured it out yet?
Is Bitcoin about to roll over here?
Or are we flagging before the next run-up?
The beauty of this game is that we don’t need to predict the future. Instead, we can rely on price action to dictate our execution.
In this case, we’re waiting to see how Bitcoin reacts to all this overhead supply before committing to any new longs.
And, on the contrary, if we see a resolution out of this range, or if we see weakness in the coming weeks, we’ll be loading up on some positions.
So, in the case that we see some selling pressure come in, where do we want to be positioned?
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