Market Outlook Stop and press like you criminal Macro: Strong up trend; Fuck you higher Medium Term: Strong impulse outside of eight month range. Looking for breakout candle to hold as support to trade up again Short Term: Building new range between 116.7 & 119.4k, longing range low sweeps until we breakout above 120k Macro Levels: 115k is support; 120k is resistance, above this we have 150k Buying pressure: The boomer arms race I mentioned last year is well underway from ETFS & Treasury Companies Positioning: BTC core, L1s & Memes(Doge, Fart, Bonk & Pepe) Macro: Strong macro trend Broke out of eight month range, looking for price to hold above 115k for continuation to 150k Medium: Medium timeframe momentum is strong, shallow dips are for buying All vwaps say bet on higher Should see next drive upwards soon Lose 115k and I go back to defense Local Range: Many are praying for 115k sweep If we are truly strong we will likely leave this behind untested One day a flush will come and Ill just buy more Closing Thoughts: Macro plans are slowly unfolding For years we waited for the institutionalization of the space and now its here We now have the buying force of all these ETFS + Treasury companies. The only thing left is the SBR I think this is the last large growth wave for crypto, after this will be just another asset class I'm forever grateful to the space I'll share altcoin outlook next if you run up the likes on this post Thanks friends
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