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bitcoin:native
Grinding higher for the past month and highest close since mid-June is nice, but personally don't expect much more upside until end-of-month, maybe $69K
Am close to 50% allocated to mostly Bitcoin & then a few altcoin allocations.
My base case is that we continue chopping for the summer but don't make new lows unless we see:
> Stock Market crumble
> Middle East war round 2
> Some random black swan related to CEXs, this week we had 3 exchanges announce shutdowns and its very weird timing
If I am wrong I'll be selling at key levels or just wait it out and average down with the remainder of my cash
Oil is telling us that something is about to happen and I hope Trump TACO's cause if not then I can imagine a new leg down for crypto