BTC Game-on to 69k or 45k?

January 2nd, 2022

BTC could fill support lower at VPVR 45–55k and below that at 41–45k. 45k is the support level “line to hold” for me.+48k is better. +52–53.5k is absolute digitalgold. Above 54k for a day candle and the bull trend is confirmed with pretty high certainty in my mind. Take profits along the way! Set stop-losses too. ;)

FTX BTC-PERP are showing some larger interests around 48.5k, and some right under our current position at 47.1k.

BTC coin lives continue to age nicely, as open interest cools off slightly. There’s a reasonable chance that we continue to see downwards pressure, given that is the general momentum as of recent weeks. BTC price needs to find support and some good news.

BTC HODLers are doing what they do best. 6month and older is growing at a outre’ pace. MSTR continues buying. I continue buying. It’s small bits here, small bits there. If the narrative is correct, why shouldn’t we? But we’d still be <6 month short-term holders anyway, so…

My buy-limits on a few crypto. A bit volatile these days. Lines are moving more frequently and I’m still trying to figure out a repeatable, readable system to track and share my calls. Your thoughts are welcome. There’s nothing I can do to slow the volatility down though, sorry. 👏