Oh yeah, happy weekend guys. Enjoy the slow market for some mental distance and rest.

Break this level on BTC and we are free to go!

LTF BTC update:
BTC has closed above the previous high a few days ago -> Bullish continuation.

On top of this, we retested the last high and kept going.

Usually intraday stuff is not as important but as we made it above 69k and are holding here right now, it is bringing us in a lot better position now.

I have a very good feeling.

Also some alts are still sitting at a great discount.

I picked a small long-term bag of $DYM here. Very visible coin and the selloff we are having is from the Airdrop sells. I can see it consolidate here for a bit more but should pull something similar as $JUP next imo. NFA, longer-term pickup for me.

📊On April 5, BlackRock IBIT had net inflows of $307 million and Grayscale GBTC had net outflows of $199 million. twitter.com

We haven‘t seen real fomo yet. Tradfi has been funding and still is funding this bullrun mostly (40-73k). So far smaller fish have been selling and some bigger whales. Distribution is ongoing and bullish.

I am selling when everything is completely ridicoulous again.

BTC was looking pretty top-ish here with this forminh H&S pattern here. The green forming flag here doesn‘t fit this and invalidates the H&S as top.

More up!

BTC Domince just broke this downtrend from 2017

Did they unload today?

Maybe. SPX nuked.

So much denial in this market when all alts basically retraced the full last pump. I believe it isn't over

Afk a few days and we die. I am buying here

If you dont buy this dip, then you will never buy it.

Some alts literall hit the 15k btc bottom. Insanity.

This is the time you can buy some nice alts you always eyed but which felt too expensive

NFA. If we go in 3rd world war, we got some other issues tho. BTC is holding up nicely

Bump

Gz to anyone who bought here.

Easiest gains of my life.

This was literally only 1% off the pico bottom on many alts. 🫡

Need to break this 64.4k (APR 21 ATH) on $BTC

I expext SPX to dump tomorrow. Or at least initial dump and retrace back up.

As BTC didn’t manage to break this 64.4k line, I expect another retest of the lows.

If stocks just straight nuke down without buying pressure, and BTC doesn’t hold 60k, it looks very bad. If we hold the last 60k lows, we might have finished the correction. Expect volatility ahead.

Nevertheless, I still hold all, didn‘t sell anything and added spot to my alts.

I reduced my leverage longs to get ready for the volatility.

Forgot to mention that most alts bounced off !major! supports yesterday.

Its hard for me to believe that we can go lower. However, never underestimate crypto. If I learned something in the last years: there is always a way for lower prices. Not expecting that here tho but can‘t say for sure.