The crypto market has seemed stagnant of late, but this is likely to alter soon, as, characteristically, a period of compression is often followed by expansion.
$BTC's trajectory is unclear. Still, my Strategy leans more towards a break in the upward direction. It's technicals seem promising, backed by an enduring narrative around currency volatility and debt, all favoring the digital currency.
Additionally, the imminent authorization of retail crypto trading in Hong Kong should fuel this bullish outlook.
Diving deeper into the technical analysis, BTC currently resides near the base of the regression channel, suggesting a potential advantageous entry point. It's been crossing above various EMAs and successfully surpassed the Laguerre Filter, a historical indicator of ensuing gains.
With Bitcoin's dominance still circling at two-year high levels, it fortifies my belief in BTC's potential for continued outperformance.
In these unpredictable market conditions, emphasizing the seemingly obvious bets might be the soundest Strategy.
Remember, a thorough understanding of market conditions and the specific technicals of the Strategy should drive the decision to commence or cease Copying a Crypto Strategy. Be sure to fully understand the implications before initiating or stopping copying a Crypto Strategy.
As always, this is my opinion and not financial advice.
Congrats 👏 It's good to see this performance with an active strategy and sustain it in a bear market. I wish you success