Bitcoin AI (BTC)

I close positions before bed.
Wake up to everything green.
I celebrate and post.
It dumps an hour later.
The market knows when I'm happy.
From now on I'll only check prices at 3AM. $BTC doesn't care about my timing.

$BTC

Well, this was quick.

The previous pump and recovery on Bitcoin already got reversed. We are now retesting 60k.

Bitcoin is showing real weakness and is getting ready for the next big move down.

If we don't make a clean recovery by tomorrow, I will most likely start a short.

The whole structure is weak on the daily to weekly timeframes.

As I said previously, big dumps often start with a support level becoming weaker and weaker. In that case: 60k.

I was wrong to think Bitcoin bottomed back in February, clearly there was way too many of us still bullish. However, seeing some of the biggest bulls over the last few months flip neutral and even bearish means we are WAY closer to the bottom than many of us realize.