Tuesday, November 16, 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

Trying to time the big correction or decline has nothing to do with following the majority. Bitcoin, like many assets in the Matrix, follows a risk-on/risk-off profile.  Intermarket flows are complicated and extensive, thus, requiring a separate Matrix to follow. This is something I track and discuss in the Bitcoin Report, All crypto struggles when the risk profile turns risk-off.


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