Morning Bias
Reminder to all, of a great way to conduct local directional bias on Bitcoin.
08:00-09:00 (UTC) price action has an average 85% of being reversed by 20:00 (UTC).
We can make a bias of where price is going to head if this gap is not yet filled in the day.
Visuals:
I wanted to remind you about the concept of Smart DCA, purchasing
#BTC
during corrections, when the price drops below the 1W-1M Realized Price.
This strategy works well during a bull rally and is much more effective than classic DCA.