Tuesday, June 15, 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

If you believe Bitcoin 'looks' strong here, you're kidding yourself with opinion. Bitcoin's energy build has weakened into the decline. This is an important fact (not opinion) receiving zero discussion. Bitcoin is going to need a strong bullish energy build to restore bullish alignment in the composite trend, and maintain the bullish primary trend.

We don't have time for laser eyes, or a 10-page report on the technological strength of blockchain - one glaring omission being its fully trackable (just ask the pipeline hackers). We only care about energy. Bitcoin bulls need a strong bullish energy build to vanquish consolidation. If not, consolidation will deepen and transition to a primary trend flip DOWN!

Please open your mind and track this in the Matrix. If the primary trend flips down, the the bullish body count will start rising in this space.

Bitcoin DI

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