Jelle

Jelle

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Long-term crypto and stock investor working towards a simpler lifestyle. My #1 piece of advice: Stick to the plan.

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Looks like we're confirming the breakdown below the previous cycle highs this week. Failed reclaim attempt + bearish retest of the key level. Bear market things. Have a good weekend guys! $BTC

Good Friday. Jesus died on that cross, carrying the punishment that was meant for you. For me. He even spent his dying moments forgiving those who tortured him and nailed him to the cross. Thanks to his sacrifice, that grace extends to us all. All you need to do is believe.

High-timeframe bearish flag, straight into resistance. Breakdown + retest complete. Simplicity often works best. Reclaim $75,000 and it's invalidated - until then, I think we likely trade towards the mid $50ks. $BTC

$BTC bear markets tend to bottom well below the 200 week moving average. Will this time be very different? I doubt it.

$BTC is still playing out very similarly to the Nov-Jan consolidation range. One main difference at the moment; bears have not followed through yet since forcing the breakdown. If bulls can push back above $68k the comparison goes out the window. Until then; expecitng lower.

Tonight we remember the Last Supper. Jesus broke bread and poured wine, knowing exactly what was coming that night. "This is my body. This is my blood, do this in remembrance of me." God invites you to sit at his table. Churches are open tonight - He'd love for you to come.

Unless $BTC plans on going down forever, it will eventually make a higher low on the weekly RSI. When that happens, the bear market bottom tends to be forming, or already in. This is one of the main signals I'm watching to know when it's time to pay attention again. 👀

Failed breakout, bearish retest, lower high and lower low. The LTF trend is down again, with ample liquidity available below us. Even if the bear market lows are in, it would make sense to revisit $62,000. Below that, and the 50ks are wide open. $BTC

The stock market $ES is unwinding as expected, on the back of global turmoil, war and a major energy crisis. Not exactly what I had in mind when I talked about the likely drop, but it is what it is. Getting closer to my first area of interest, where I'll deploy a larger chunk of capital. Until then, monthly DCA continues. twitter.com/CryptoJelleNL/stat...

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