9.22.2020 Update (Tue)
The big picture on the daily time frames
BTC remains in a bullish trend, and SOPR gave out another “decr. in supply” alert with the BTC drop in the past few hours. These are great R:R zones for longs. The key to watch out for is the SOPR trend. At this point, if BTC drops below 10k, the trend will likely switch to bearish, which will completely alter the current strategies. Before then, enjoy the dips in bull runs! The zone for accumulation is now around 10.3k.