€8,698
4
Hello, these few weeks with THE new president at the helm have felt like a red wedding. We deployed into the market after seeing good output on indicator and trendlines, but kept 25% in cash for some dry powder.
There is strong support for BTC at 77.5k, and watching trendlines carefully. If we hit that support and hold, we will use the dry powder to increase our exposure.
Keep calm, and keep safe!
Taking profits and rebalancing to: USDC and PaxG.
These holiday season can be volatile and add the current macro picture into that, it is a risk not willing to take.
We will be in safe assets for this week to watch our indicators, and might be in safe asset into January.
If 2025 is the next epic bull phase, we will have time to enter again!
Good afternoon beautiful creature!
It has been a while since our last post, and there has been a reason to it. Nothing has changed in the market for us to inform about, it has all played out as we thought except for the time frame.
Since we had a wrong time frame, we missed out on a possible gain by recent pump action. Our decision was to not enter the pump, as we still believed in our thesis, and it would be too risky to enter.
We believe that nothing has changed in the market, except that more people are starting to wake up to the coffee.
It would not be a surprise if we get a bounce from this point on, but it is not yet a point to enter.
Our strategy has entered a trading plan in iconomi to automatically pick up BTC at low ranges incrementally. We are prepared!
@Diversitas1 have great news points and worth to follow, and we share most of their views on the market.
Stay sharp peeps, and summer 2023 will be an interesting one 🧐
Lets be careful out here!
World finance seem to be starting to wake up to the coffee.
We have started to rebalance into more $USDC as this pump might be short lived.
