some hopium When Bitcoin has a true breakout or breakdown, she rarely gives an instant second chance to jump on or off board. If it’s real, most of the time, it’s a breakout/breakdown. → acceleration → no retest. She doesn’t keep grinding the level after the breakout/down.
In an intact HTF uptrend, when she breaks down but doesn’t get immediate follow-through—respecting the initial breakdown low and revisiting the breakdown level multiple times—it often ends up as a fake-out. For now, the mid-term is 'in between things'; for it to become more bullish, we want: 1. To hold the initial low (no HTF close/acceptance below) 2. Reclaim the broken lows (step 1) 3. Print a local higher high/break trendline (step 2) If we manage this, the mid-term outlook looks great, especially with alts at these lows. More patience is needed, but the following days should be telling, with Friday probably as the moment of truth. If she can kick it off, the opportunities across the board will be big. Again, I am patient for now, but if we get the trigger, I won't hesitate and will not fade the move. The earlier you are on a move, the more upside there is and the closer your invalidation is.
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