Bitcoin
Long
Updated

BTI risk is neutral

317
The BTC risk is still at the mid-7s. With a max of 13 on the risk, that means we are still likely far from the cycle top. There are a few indicators that are nearing top signals (NUPL, RP extension, CVDD extension, PDM), but most indicators are far from their top signals. We had a much needed cool down period for BTC to reset some of the overheated indicators.
Trade closed: target reached
Well...locally, this was a terrible "long" idea. But more broadly, BTC was still bullish and moving to higher prices. I'm "closing" this idea now just because I'm looking back at my ideas to try to learn from mistakes.

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