Fa Ju
51 posts

Fa Ju
@fajucker
👨🏻🎓MLaw, into markets 📈📉📈, sports 🏀 🌊 🏋🏻, healthy food 🌱! From 🇨🇭, currently in 🇧🇷 Founder Kiteloop Kiteschool in Jericoacoara

welcome to denial




This is just Day 8 of the Bitcoin 60-day cycle, and working on the first red candle of cycle. Nothing unusual. Too early for sustained weakness, so think we bounce off 10dma. The issue is on Weekly Cycle, don't think we've seen enough of a sentiment clearing process. Doesn't have to be uber bearish, but we might need to fiddle around in a range and get more comfortable with $100k prints before we can really leave this area behind. In short, after a 105% move recently, I think we need to digest the area before another ATH. And sustainability wise, that would be best. As always, just be patient. This bull market is super healthy.





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