Daan Crypto Trades
50.5K posts

Daan Crypto Trades
@DaanCrypto
Fulltime Crypto Trader & Investor 📈 | Tweets are not financial advice | TG: https://t.co/j7IcSHcJXs | YT: https://t.co/D1PbYpJroi |







$BTC Levels of interest marked on the chart. That Low $80K region will remain the main level for the bulls in the short/mid term. Below, ~$72K, which had held as resistance for 2+ months, is the support the bulls would want to hold. Anything below there I think the momentum from this bounce will have faded and we'll be back to a ranging/choppy environment again. The recent +20% move in April has been slow and steady. But I am expecting volatility to start picking up one way or another at some point.


$OIL Has found support at the previous highs from 2024 and bounced since. The volatility we've seen on this is insane. Ongoing headlines about negotiations easily make this move 5-10% every few days which is unheard of in recent years.


$BTC is "Sell in May and go away" reasonable? In Bitcoin's history May ranks: - 6th best month in average return - 3rd best month in median return So while there definitely have been sell offs at times (primarily 2021), overall there is no clear seasonality to support this saying for Bitcoin. What is true is that starting may and going into the summer generally kicks off some months of lower volatility and price action.















