Bitcoin Falling Into Hurst 18 year cycle low
Bitcoin is still moving down today breaking previous levels from last week although the liquidity is lacking, it probably goes a little lower. (Forgot to publish yesterday)
There's nothing to trade
Risk is too much for the reward
It's rattling sideways
A STOP above the October high, and maybe the novemeber high, for a teade to 12500, or 8000 is the only trade, but it is not a good one, as there are WAY BETTER ALPHA OPPORTUNITIES IN THE COMING drop in equities throughout the end of this 20 week cycle.
Same as 3 weeks ago
finds 12,500 area as a good place to reach
Last stand before it goes to 5000 is 8000
8000 huge 18 year cycle support (more like 15 with the shortened BTC)
Buy areas are not recommendations
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DEREK