$BTC has no closed below it’s 50 Week Moving Average since March 2023.
It looks like today, we will close below.
Historically, this has marketed the end of bull markets, and the beginning of more bearish price action.
200 W MA would be a target for support.
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Need to keep our eye’s wide open on Crypto.
Almost all high time-frame trend lines are broken across the board. $SOL is a good example.
Crypto needs some serious bouncing strength to turn things around.
I continue to hold my long term spot positions, and stand ready to add long risk when I see acceleration/capitulation to the downside… or some signs of strength.
Concentrating on $BTC for now.
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I would personally rather lose money than be sidelined on this $ZEC trend. Taken 1% of my crypto portfolio and placed a ‘hedge’ bet.
Now I can switch off and breath.
Certainly wish I had kept the Zcash I received from the mining contracts I brought back when it launch.
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The $TSLA trade is simple.
It’s a venture bet on the intersection of AI and Robotics.
Everyone is underestimating ‘Self-Driving’ and Tesla’s generalised solution.
The ‘Jevons Paradox’ surround the movement of People and Packages will open up use cases no one can predict.
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$BTC ‘Megaphone’ chart formation still in play here.
Been a painful 2025 for BTC. Stocks and GOLD have shown BTC is truly uncorrelated. Although… I’m sure many of us wished it would be correlated right now…
Currently in long term cash positions, and playing a small trade for a bounce here.
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