just saw a prominent CT trader reminding their audience that, historically, BTC rarely resolves to the upside when it consolidates for a long period of time at a high timeframe range high (as it is currently doing)
it's unironically different this time.
need proof? look at all the YTD altcoin charts (or even since 2024 and beyond for some of them). vastly different picture. the market has changed. most of the "leverage" in BTC right now is not vulnerable. and the bull case is as strong as ever. dips will be bought. reflexivity favors the upside... for now.
this should be obvious to the aforementioned trader, but i guess us traders are just terrified of falling for the 'ol "this time is different" gag.
i fully expect to see more chop throughout the summer, but i think if you try to get greedy or cute with your timing then you're gonna end up regretting it bigly.
ask yourself:
1) if BTC started ripping, would you chase?
2) if BTC dumped, would you buy the dip?
if the answer to both questions is "yes", then the equivalent "average" action to take is to be long here. right now.
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