House

If you know who this is, we\'ve been here too longThe glory days

“Pessimism grows about the crypto’s function”

$BTC 3D RSI is at a level only seen 3 other times in historyEach time it flashes, a multi year low was being put in or it was ~100 days awayIs this time different?

$BTC\n\nEach cycle\'s halving VWAP acts as a very clear cut "bull market band"\n\nRight now, it sits at around 85k \n\nThe similarities are clear as day

Market is cracking lows
I’m cracking coconuts

$BTC volatility continues to trend down
We must realize this market is nothing like it used to be
Times have changed
My best advice: Learn to trade OR buy and hold $BTC and maybe a few top alts and put your attention elsewhere

$BTC
One line to rule them all

Over 400 days ago $XRP broke the $1.90 resistance that held it down for 6 years
A year later, price is still holding on to that as support
Realistically, this is a bullish setup
But if this level is lost, it will be the biggest let down after 7 years of hopes and dreams

$TOTAL 3
This chart needs a ~10% move to get itself out of what I call a "danger area"
This index recently lost a 2 year trend that was considered the "bull market trend"
As we speak, it's turned to resistance
This is often the simplest, most effective signal of downside if bulls can't regain

Out of the last 6 months, 71% of days have seen more market selling than buying on BTC spot markets
$BTC is down -23% since

$XRP
We saw a nice 20% move last week that was quickly sold off
This was due to an overall "weak" move where little money took advantage of thin liquidity, without any chasing support
This $2.10 support has been respected for many months and is really the last chance to keep this impulse meaningful
At the same time, any moves up to $2.40s provide no meaningful structure shift. Above that and we can start getting excited.