Good read. I feel like we’re in that weird limbo right now where the charts are telling us one thing, but the overall macro vibe is just waiting for a single spark to either fly or tank. I’m personally trying to keep some dry powder ready because these 'boring' sideways movements usually end with a massive move when everyone least expects it. Thanks for sharing your take
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It definitely has that feel! 💯 Where on the precipice of a huge move in either direction. No doubt about that! Consolidating in that $60K to $71K range is nice. Hopefully it keeps us propped up over that $72K to $74K range. Then I'll be a little more optimistic. Seems like every time we start to recover we get weird news that tanks any momentum :(