🧐 weekly closed decent albeit also not perfect. however there can be no ambiguity now that we have a clear close above 50w sma which very often indicated bullmarket and a lot of people are watching this one.
However i think decent chunk of the people who took this as a signal already deployed on last weeks close which lead to the +8k move
now all eyes on the monthly which still has 3 days to do some damage and close really ugly. really ugly = anything sub 79k
given that a lot of people are underexposed and in dip buying mode this scenario is quite hard to imagine though without a crazy catalyst
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