Wednesday, May 26, 2021

#Bitcoin Review $GBTC #BTC

Bitcoin Review
Those that view the message of the market on a 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

Bitcoin has fallen into an “air pocket”, a region without major supply/demand or reversal zones. Price won't jump the creek until it clears the overhead zone, and it doesn't break the ice until the lower one is broken. Tertiary and secondary trends are down, so the risk is a challenging of the lower reversal. A bullish energy is the only thing that will stop it.

Bitcoin's Weekly Reversals

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