Tuesday, September 7, 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 bag holders 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

What happens when the strong bullish energy build dissipates - unwinds into a significant bearish energy build? It's important to note that this won't happen overnight. Dissipation normally takes months.

So what happens?  The bulls hope that Bitcoin had rallied a lot from the composite trend Reset (R) when it happens. If it hasn't, it's time to be concerned. Blocking domes, statistically significant bearish energy builds within primary uptrends, often slow rallies, knock the composite trend out of alignment, thus, forcing consolidations.

Don't let the talk of blockchain, nodes, transactions per second, El Salvador declaring it sovereign currency, or other meaningless trading metrics, blind you to the risks. Blocking domes are serious business. If a block dome materializes under price and/or time cycle extension, immediate run for cover! I'd be surprised if any crypto guru would recognize the danger. This danger is universal to all markets in the Matrix.

Bitcoin's DI


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