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ATTENTION‼️ Macro Update: BTC, S&P500, and Perspective for Altseason‼️
MACRO VIEW, BEAUTY?! Currently, we observe #BTC in one of the most relevant moments of its cycle. In the quarterly, BTC broke an important consolidation, validating the price discovery phase in 🗣️ THE LONG TERM (far ahead).
The Stochastic continues to cross upwards, sustaining positive momentum (for those just starting, it means: POTENTIAL STRENGTH). As long as there is no downward crossover, the trend remains firmly bullish in the LONGER TIMEFRAMES (far ahead = long term) already validated in the February posts. It is important to reinforce: corrections in shorter timeframes do not nullify this long-term trend, they are just natural 'BREATHS' within the new expansion phase. But as we are analyzing daily, it is WRONG to claim that we are in a BULL market in the short term… for the thousandth time 😅 we will only enter a BULL market ABOVE 95 (a new candle above with volume). This can be perceived by the lack of strength of the asset in breaking resistance points, even without much selling pressure.
The Stochastic continues to cross upwards, sustaining positive momentum (for those just starting, it means: POTENTIAL STRENGTH). As long as there is no downward crossover, the trend remains firmly bullish in the LONGER TIMEFRAMES (far ahead = long term) already validated in the February posts. It is important to reinforce: corrections in shorter timeframes do not nullify this long-term trend, they are just natural 'BREATHS' within the new expansion phase. But as we are analyzing daily, it is WRONG to claim that we are in a BULL market in the short term… for the thousandth time 😅 we will only enter a BULL market ABOVE 95 (a new candle above with volume). This can be perceived by the lack of strength of the asset in breaking resistance points, even without much selling pressure.
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