BTC - the market does NOT tell me to Sell.......yet :)
BTC grinding towards the previously noted price target of $53-$54 mark. That coincides with closing price levels and swing traders' cost basis.
SOPR is net positive with no material profit taking indicated by Realised Profit & Loss Indicator. BTC price risk in-part based on future spreads indicates a possible pullback - but that would be anticipated as price approaches this level anyway. Futures market yet to catch-up I think to the underlying.
I am remaining Long BTC because the market is not telling me to 'SELL' :)
SOPR is net positive with no material profit taking indicated by Realised Profit & Loss Indicator. BTC price risk in-part based on future spreads indicates a possible pullback - but that would be anticipated as price approaches this level anyway. Futures market yet to catch-up I think to the underlying.
I am remaining Long BTC because the market is not telling me to 'SELL' :)
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