Thursday, January 14, 2021

#Bitcoin Review $GBTC #BTC

Bitcoin Review
Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bagholders of trend transitions.

Bitcoin's overall trend, revealed by trends of price, leverage, and time, are defined and discussed in The Matrix for subscribers.

Subscriber Comments

Reposted to include the daily close. Not a good daily stick!

Daily Bitcoin USD


Plenty of gunslingers ready to buy the dip despite roughly 3 standard deviation price and time cycle distortions. As I have said before, time tends to be the limiting cycle. Inexperienced traders can stretch time only so far before rally ends. Previous Bitcoin Reviews talk about it. Please read or listen to them again for a more detailed discussion.

Follow me on Twitter or Facebook for further discussion.

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Market-driven money flow, trend, and intermarket analysis is provided by an Access Key.