Ed_NL

“BTC update Extremely slow PA this summer. Already for weeks looking at the same. As my recent updates were on the higher TF's, nothing has changed in the past 3-4 weeks. Chart 1 Blue doodle: a bit more bounce, back into the discount zone (~70k), followed by a final leg lower to the green box. Red doodle: that leg lower from here. Chart 2 SPX did push to new highs as expected. But BTC didn't follow. This makes it more likely that BTC will follow the red doodle as soon as SPX is going to start a correction. Chart 3 All good on the high TF's”