BTC break out retest or new lows?

27 lug 2022At this point I am considering break out retest complete. Given this opinion I don't see why price would hang out too much in this area. Waiting to see FOMC and reaction afterwards for either:
- market buying with 28k target; or,
- layering bids sub 18k

At this point fully neutral until FOMC

30 lug 2022

Commento

We got the FOMC pump, and it was hard getting in had you waited for confirmation of direction.
Leaning towards getting a gap fill at 28k and using all dips to get spot exposure.
If we 25k first we might get a deeper pullback

31 lug 2022

Commento

I still think we are going to go higher before resuming larger down trend, but I need to take a risk defined setup even for the spot allocation.
TPed most of the spot positions and now waiting for a deeper pullback to get back in.