Thursday, November 18, 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

Bitcoin Grayscale $GBTC

Bitcoin is a volatile asset and difficult to trade, especially when forcing a bullish or bearish position against the composite trend. It's really only a matter of time before daily trend flips down (see Bitcoin Daily Impulse).  When LTCO falls below 0, it means the daily impulse is down and the composite trend has entered consolidation. Consolidation is the precursor to another Reset (R). It's been over a month since the last Reset.

Resets are escalation points in the Evolution of the Trade. Whether the next one will be viable depends on the cycles, and the size of the bullish energy build. Stay tuned. I will update the Bitcoin Report $150 if something materializes that the crypto gurus can't see. That happens all the time. There's a lot more going on than the daily trend.

Bitcoin Daily Impulse

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