I'm still bearish on BTC/crypto.
At the very least, maximally defensive.
No need to short, but no need to buy in the $80k's.
I could see a relief rally happening.
I talked about it this weekend in my 40-minute video.
There's no point, for me, to speculate on that relief rally.
What would give me more confidence to speculate on that mean reversion?
A bullish RSI divergence on daily candles.
But we only have an oversold reading, for now, which means that price would need to experience more pain to produce lower lows and then trigger the signal.
So like I said earlier...
No need to short, but no need to buy either.
For now.
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