Bitcoin's overall trend, revealed by trends of price, leverage, and time, are defined and discussed in the The Matrix for subscribers.
Betting all of your money on Bitcoin (or any other asset) is foolish. Fools are quickly parted from their money on Wall Street, a lesson that many undisciplined crypto traders could learn in the coming years. Betting a portion of your money during upside alignment (Trip Up or Dbl Up), impulses that generate the bulk of returns for investment holding periods, is smart and disciplined investing.
Bitcoin Investment Trust is a proxy for Bitcoin that trades over-the-counter.
Tertiary (Daily) Trend
Downside alignment in the daily trend (chart 1). Downside alignment has urged caution for the bulls since 3/9.
Secondary (Weekly) Trend
Misalignment, a disagreement of sign between LTREV (blue oscillator) and LTCO (dark red oscillator), defines a deteriorating bullish trend (chart 2). Misalignment urges additional caution for the bulls.
Primary (Monthly) Trend
Upside alignment in the primary trend (chart 3). Upside alignment in the primary trend prevents traders from shorting.
Reduce risk and watch from the safety of the sidelines until triple or double alignment emerges. Alignment can be long or short.
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Chart 1 Tertiary Trend
Chart 2 Secondary Trend
Chart 3 Primary Trend
Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.