Jellee1

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Bitcoin bull markets tend to last 3 years, and bear markets last roughly one.
That pattern has existed since Bitcoin was born.
If it repeats, we're only about halfway through this bear cycle.
🤔
BTC-1,04%
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I have my targets, and I have a contingency plan.
$BTC's RSI will make a clear higher low; a couple of weeks after forming the low.
I don't care what price does. Once that happens, it'll be my signal to know it's time to buy again.
Until then, waiting for lower.
BTC-1,04%
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Bulls are winning battles on the low timeframes again, but the big fight is yet to come.
This major bearish flag into key resistance will be a tough nut to crack.
Do that however, and things will look rather good.
Decision time soon. $BTC
BTC-1,04%
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$BTC is attempting to reclaim $71,000 again.
Previous three attempts failed.
If the bulls can pull it off this time, I wouldn't be surprised to see relief towards the $80k region.
Could get interesting.
BTC-1,04%
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Liquidity games continue - $BTC has taken out the first upside liquidity.
Main question is, can it turn the resistance back into support, or are we falling back into the $60ks?
Turn this into another deviation and the CME gap is back on the short-term menu.
Let's see. 👀
BTC-1,04%
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Temperature above 20°C
Euro summer is back
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$BTC's SOPR is a great tool to know when we're reaching the lows of the bear.
When lots of coins start moving at a loss, it's time to pay close attention.
Still waiting on the big spikes we saw at previous bottoms.
BTC-1,04%
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Barts all over the place, wouldn't be too surprised if we end up barting back down again next week 🫣
$BTC
BTC-1,04%
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Every bear market gets a few relief rallies.
Feels premature to say this is not another one of those times for $BTC.
Happy to be proven wrong.
BTC-1,04%
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bitcoin could make a looping on the weekly chart and i'd still be talking about sticking to the plan
its really that simple
BTC-1,04%
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I think this is one of the best-looking #altcoins in crypto right now.
Bought myself a few coins a few weeks ago. Time for those buys to pay off.
Hyperliquid.
HYPE-1,17%
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From the bearish point of view, $BTC bulls still have a lot of work to do.
The argument for a bearish flag into key resistance remains strong.
News pumps into resistance, easy to get euphoric...
Sticking to my long-term plan; let's roll.
BTC-1,04%
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I think this is one of the best-looking #altcoins in crypto right now.
Bought myself a few coins.
Hyperliquid.
HYPE-1,17%
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Well, this is getting interesting 🍿
$BTC pushed through the local resistance & took out the first upside liquidity - on the back of ceasefire news in the Iran region.
Some more good news and this could get interesting very quickly.
Extended relief, back on the menu.
BTC-1,04%
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Good morning, waking up to a real ceasefire in the middle east, bombers turned back, great news - let's hope they figure it out in the coming weeks, so we can finally have some peace in the world again.
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I stuck to my plan religiously in the bull, and I will do the same in the bear.
As such, it's time to start paying attention - as it looks like $BTC is forming a potential higher low on the weekly RSI.
Giving it a few more weeks to develop, given how the previous bottoms had much more defined RSI higher lows - and then also made a lower low in price while already having made a HL on the RSI.
But we're starting to see signs of a bottom on the horizon.
Time to pay attention.
BTC-1,04%
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Two things to look out for if you're trading the chop:
1) $BTC has a CME gap open at $66.8k. These tend to get filled quickly.
2) BTC recently tends to form the weekly high early in the week.
Trade the chop if you wish, but don't let it get in the way of your long-term plan.
BTC-1,04%
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GM!
$BTC is still inside the same choppy range, with bulls working on turning local structure back in their favor.
Key resistance at $71k - get back above that and we're looking at real relief ahead.
Until then, sideways chop is all it is.
BTC-1,04%
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Historically, bear markets last for about a year.
If that pattern repeats, we're about halfway through by now.
Would you survive another 6 months of pain & boredom?
$BTC
BTC-1,04%
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Key levels inside this $BTC range:
Upside liquidity above $72k
Key resistance area above $70.5k
CME Gap @ $67k
Downside Liquidity below $63k
Approach remains the same; patiently waiting for the right triggers - following the plan.
BTC-1,04%
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