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Top and bottom indicator is back to Orange

Next levels

Dark Orange

and finally Red

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Miracle Mouwis

Looks like it’s red before the actual price peak most recently

TayDawg

If we dont want to sell our BTC (as may not have a lot), can we instead sell portions of our MSTR bag, and it "count" as ~ BTC profit taking? Additionally, my MSTR is in a tax-free account, while my BTC is pure form and would induce taxes.

Dogbones

Is it possible that it never gets to dark orange before the next bear market?

Buzz Bombers

Does red mean bear or alt season?

Richard Day

I'm in the same boat. I'd only sell what I can tax free.. I'm not giving my government a penny I don't have to.

voodoo

Nobody is ready for the mega pump we are going to live during October and November. It is not even in your wildest dreams :P

CleverAussie1

James-you have not given enough info about why the orange. A WHALE sold 40,000 BITCOIN from a wallet inactive since 2011. (source KYLE DOOPS on Cryptobanter). Possible cause of the orange?

JobberWokker

LOLOL. Mebs. I have been around way too long to count my chickens before they hatch.

Chuck3Putt

Anything is possible. You're really asking for probable, but even that is difficult. All sorts of things can effect that. Are YOU willing to bet that BTC will continue to rise or are YOU willing to bet that BTC will fall? Tons of factors for every one of us that determine that answer. You can always hedge though. Not Financial Advice.

Fairplay

I think the btc ETFs etc have brought us to a situation where the draw backs are not going to be as vicious as in the past . The question is if you sold your btc today at 118000 at what price would you be able to buy back in ? Maybe just hodl is the answer .

Fairplay

Yes I also made that point . Btc ETFs , adoption etc May have changed the paradigm and we may remain in orange for the near future barring a black swan event .

Fairplay

Naw Raoul Pal believes global liquidity leads crypto increases . Btc follows global liquidity not the other way around

Fairplay

50% down ??? Maybe if we have a world war or another covid type situation