#BTC update: Sorry for the lack of updates - BTC has just bee | Invetas Signals

#BTC update:

Sorry for the lack of updates - BTC has just been consolidating for a couple of months now.

SP500 has completed the weekly cloud's edge to edge trade. Touched the bottom edge and bounced. Disregarding the 2020 March black swan event, the cloud's bottom has been holding as support for over 13 years now. The last time a bottom edge bounce happened was during 2018 December - pretty much the exact bottom of the previous cycle's BTC bear market. Something to keep in mind.

On a personal note, for me it's difficult to see why the majority still expect a crash to 12-14k. The capitulation has already happened. It was the 3AC liquidation even. Ever since then, the lack of liquidity, the "dead market" conditions have been identical to 2018 post 3k crash PA. Of course, nobody can tell the future, at this point expecting more downside seems like such a crowded trade. If everyone expects something to happen, you can be pretty sure it's not going to. Betting on the bottom being here. ETH, SOL, ATOM, CRV, MATIC, SUSHI, UNI bags are loaded. If we die, we die.
https://s3.tradingview.com/snapshots/d/Di0il7n9.png