BTC: The last dip?

May as well publish this. At least then I'll have a record of it. I've been wrong so many times these last two to three months. Thrown into a new world I never looked at before, late and panicked and trying to build, for my kids and for my brother, something of value that maybe cannot be taken away. Finally, before Christmas, I realise what Nakamoto intended. Value that you yourself hold, boiled down to 12 words. My 11-year-old son is a type 1 diabetic. If the global money economy collapses, or whatever bullshit our overlords are planning, and if I have nothing to trade or offer for insulin, he's gone. Global quarantine for the first time in history. Worse can't happen are empty words. So suddenly I have to pay attention to bitcoin. And I start a three-month journey of watching the chart. 24-7 emergency mode to learn TA, and the cryptospace as a whole, in a breakneck effort to prepare for alt season, and attempt to grow a very small tree from an acorn. But everywhere along the way BTC ignored me completely. Gouged me a couple of times in intraday trading. Didn't do at all what I thought it might. I'm charting this leviathan a thousand times. Picking entries. Getting good entries. Position trading. Giving them up because I think a reversal is coming. The gods are rolling in laughter. I'm silent, hoping they'll ignore me and I can just get through the next two months without getting decimated. In terms of predictions, I'm pretty much down to my last card. We already see things starting to pop off. So this is it. The last chance to take position.

I think 74-80k is next. And that's it. When the top is in, we'll probably have another 4-6 weeks of alt season. After the first retracement rally of BTC, it will be over.

I love you, Juno. I love you, Andrew. I love you, Tomas.

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05 Apr 2021 15:01:50: This may be the key point in the battle. 1hr candle just opened. BTC needs to reach up past 58.6k. Death cross right in the middle.

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Same view against the Bollinger bands

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Same view from the perspective of the Ichimoku cloud

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Pushback on the BTC Dominance chart:

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Same view from the perspective of the Bollinger bands:

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05 Apr 2021 16:03:30: I'm not going to say this a fake breakout. Sorry, Tomas, baba was wrong again.

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05 Apr 2021 16:41:16: Very impressive rally, right in the face of a death cross.

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05 Apr 2021 16:54:32: Not that anyone should listen to me, but I guess this what I expect now

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06 Apr 2021 10:37:45: In the micro structure, BTC appears to be printing an ascending wedge, which is a bearish pattern

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06 Apr 2021 10:44:12: If the ascending wedge broke down, we might be forming a header and shoulders, which would put 55k back in range. Yesterday's breakout, in the broader picture, would be a fake out. Not saying it will happen. But it could, which is what is frustrating here. No certainty anywhere, even still.