Little update here:
(1) lower volume
(2) playing off both the 50ema and 1.618 Fibonacci line
(3) BTC consolidating (forming a base)
(4) market timing, every morning we're seeing distribution followed by accumulation, this has me believing we're in tax season (sell-off)
I'm a buyer at $8-8.20 or $7-7.50, depending on how the volume the picks up and dries up over the following few days, sitting on 30% cash and still need to sell my 1 loser. Fresh powder will get diploid when the price is right, patience!
(1) lower volume
(2) playing off both the 50ema and 1.618 Fibonacci line
(3) BTC consolidating (forming a base)
(4) market timing, every morning we're seeing distribution followed by accumulation, this has me believing we're in tax season (sell-off)
I'm a buyer at $8-8.20 or $7-7.50, depending on how the volume the picks up and dries up over the following few days, sitting on 30% cash and still need to sell my 1 loser. Fresh powder will get diploid when the price is right, patience!