When your head aches and eyelids sag, you know its time for a rest. The market churns on how it wants The random walk is impossible to predict. It’s nice to know our friends and loved ones are there with us when we need them in our darker periods of down. These past 6 weeks or so have been a test of strong wills. HODL in there just a bit longer, Christmas is right around the corner! St. Nickolas-Gann will come knocking, showering us with the gifts we have been waiting for all 2022. Watch it though, he’s a drinker though. Expect him to be a bit unpredictable and moody. Set your limits to make sure you catch him if he stumbles and falls. You know how it goes…

Bitcoin BTC, ETH Ether and coins like DOGE have been trying hard to keep it together. There have been good weeks and bad. In the times when we feel all hope is lost, it’s when we most need our friends to remind us just how far we’ve come. To get better, everyone must be honest and open about their weaknesses, and see the world and ourselves for what we are. Let’s see what we have here…

Momentarily, the market right now is showing weakness. A lot of fear here and worries there, within reason. We sit under the long-term bull market support bands, and have even crossed through the ‘warning’ zones, usually indicating bearish times ahead until we can recross back into the green.

Note those low volumes! This down turn has been sharp, but have you been accumulating like the rest of the fearless smart money’ests out there?

Stochastic RSI shows neutral to ‘oversold’, unfortunately, like with the markey bands above, we can see we’re having trouble crossing back over the FIB golden pockets back up around 52k. So, clearly, we have a ways to go before we’re through the dump.

On the otherhand Puell multiple is low, which means miners are HODL’ing at current levels.

And to part, I’ll leave you with a Christmas gift. Happy holidays! 2022 is gonna be an incredible ride!