Retest of previous resistance as support incoming (near 50 (red) EMA) incoming me thinks, before a clean break of 4040 and onto 4100. Doubt we'll have a full Bart retracement as it's built good support, but it's a possibility.

XBTUSD vs USD Index inverted (1-$DXY) (blue). 20-period correlation coefficient of $XBTUSD:$DXY in yellow. BTC is most of the time very inversely correlated to the dollar index.

Knock-knock-knockin' on heaven's door

TA is shit amiright?

Can't say it's going textbook A&E bottom, but it's good enough for me.

Let's see if .5 holds.

Tear down the wall

$XBTUSD daily OBV. ______ precedes _____

Small bid filled @ 4840. Slowly rebuilding long.

Position completely hedged, profits locked, for now (based mainly on bear divs). I'm still bullish longer term and I do have a stop for the hedge that will unlock the long position in case price breaks the range.

Hedge stop hit. Unhedged, net long.

Kinda fucked up, failed to reopen the hedge up there. Still on profit (entry was 4840) but missed an opportunity.

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Reversal is done. Just a matter of time for 6.5k+.

1H 5340 holding.

I wonder where this is going...

https://t.co/Uk04aH0rNv

$XBTUSD 4H Channel