Vic on Nostr: A bit neutral around here. Appears to be more profit taking so would not be surprised ...

A bit neutral around here. Appears to be more profit taking so would not be surprised to see more of a pullback in the near term. If I had dry powder, I'd consider setting an order at 63500


#🌝

quoting
nevent1q…jee3

After strong ascent with the traditional market open yesterday, price cleared the 50 day SMA (64009) as well as the lower bound of the Pi Cycle Top (64923) to just over 65K before a bit of pullback to under 62.5K for profit taking. For the shorter time frame, we can see the ascent continuing off those low leels, having recovered back to reclaim 64K putting it at the 50 day SMA level. Expect another nice day of traditional market activity.



#🌝

nevent1q…ftzc