Bear Bear, Blah Blah, Bitcoin. Happy Saturday! 🐻🐻

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How’s your weekend treating you?

Yeah, you could say that mine has been worse.

Morning beach walk, a sneaky look at a mate’s football team’s trial match with a sausage and bacon roll for breakfast and now off to the pub before tonight’s Sydney FC game.

I’m proper winding back my lifestyle and stressing less about pleasing other people. Happiness comes from within after all!

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You’re certainly not going to find your happiness in Bitcoin longs, that’s for sure. Did someone say textbook bear market price action?

This is all about the hourly, but I’ve included the daily for reference:

BTC/USD Daily

Bear blah blah blah.

🐻.

Yes, we know. We’ve seen it shared to death.

This intraday chart is the one that matters. Take a look at the price action below:

BTC/USD Hourly

After higher time frame resistance held, we can see just perfect retests of previous short term support as resistance where the sellers are just waiting to pile back in deeper.

With that triangle or flag type pattern (depending on how you look at it) forming, nothing is changing.

Bear bear, blah blah Bitcoin indeed. 🐻🐻

Best of probabilities to you.

Peace ✌🏻.

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