htf rough battle plan for btc in coming months. i think rn we are in the lowest confidence spot. price is glued to yearly + monthly poc, long term trendlines are still down sloping and moving lower against a short term uptrend (30d rvwap rolled over sloping up in july) youre right now buying btc at a price that is both - significantly below the yearly average price paid for a btc - a price that has been offered for a significant time as well, a lot lot of bitcoins changed hands at todays price simply said, a decent deal longer term but not an exceptional deal - a lot of ppl took the same deal august historically a bad month in midterm years + btc bear market years following a historically joyful july. weak low at 57k still likely to get run in the coming months. the exceptional deal should be still ahead id be surprised if we didnt take out shorts before that happens, i dont think we are there yet so as before im still in the camp that we see btc between 90d rvwap and 75k yearly vah before buyers get amazing discounts again i really think right now what you do is let the perps trades chill a bit more and explore onchain (v4 hooks, rwa/tokenized stonks) where the bottom has occured and we are in first inning of a new cycle already ltf its pretty straightforward you can long another 30d rvwap / monthly poc tap if you want to but why not just long mu instead. im personally not super invested in btc ltf price action rn so im not betting much. zoom out
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