u/discrete_moment

GM Hegends!

We’re hanging out at pretty much the same level as last Monday, after recovering from a mid-week dip. Now gimme 1M and then 1.4M pls.

Meanwhile bitcoin is pushing higher inside the channel that is forming on the daily chart. I think there is room for it to push up outside of the channel for some more upside, given that stock markets play nice. But bigger picture I still just see a bear market rally so far. It could rally all the way up to 94k, and still put in a lower high.

Maybe I’m stubborn, but I remain a grumpy bitcoin bear.

💛💛💛

GM Hegends!

We dipped a bit since last Monday. Now testing the low from back in early February. Not looking great if we lose this level to be honest. (Well, unless you want to buy cheaper, of course!)

Bitcoin is catching some tailwind from stock markets pushing to new all time highs. But I find it hard to be optimistic yet. To me the whole setup looks like a textbook bull trap, luring in people to FOMO-buy before a new leg down starts.

We’ll see. This outlook could change of course, but for now I remain bearish.

💛💛💛

Let's have a look at the charts again fam!

Join Day live in Hegequarters or on YouTube tomorrow, Tuesday, April 21, at 16:00 UTC.

Be there or be 🐻