I’ve reduced my #alt exposure + tp’d by 70%. BTC.D at 890 day tl. $BTC at time fib and coming to end of 50+ day consolidation at its 3 year down tl. Equities looking topped out. I’m willing to pay a little for more confirmation but not willing to pay the downside price. Patience!
Looking to renter when BTC leaves range/alt flip dominance. Or have 200ema/bullish macro retests.
Here is what confirmation looks like for me. It's a small price to pay and one I'm glad to pay.
BTC.D (follow blue) break down 3 year trendline
#ALTs Cap: Follow blue, pop up and flip to support)
RED = No alts
BTC.D (follow blue) break down 3 year trendline
#ALTs Cap: Follow blue, pop up and flip to support)
RED = No alts