#BTC Happy New Year! On New Year's Eve, I took a 4-hour wave, and the larger structure channel is currently viewed on the 8-hour wave. The channel is quite standard. The larger structure retracement around 65-67k is a good point to start adding the first position for more stability.
This year is still an interest rate cut year. It is expected to start cutting rates around June, with a higher probability in April-May. Overall, the strategy remains mainly long on dips, and at key harmonic levels, small positions can be taken for short-term shorts.
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#BTC Happy New Year! On New Year's Eve, I took a 4-hour wave, and the larger structure channel is currently viewed on the 8-hour wave. The channel is quite standard. The larger structure retracement around 65-67k is a good point to start adding the first position for more stability.
This year is still an interest rate cut year. It is expected to start cutting rates around June, with a higher probability in April-May. Overall, the strategy remains mainly long on dips, and at key harmonic levels, small positions can be taken for short-term shorts.