Market Update: Respecting the Rules

The market has been relatively quiet over the last few days while I took some time away. It’s always good to step away from the charts and let your mind refresh for a few weeks each year.

You will make better decisions because of it. A person who trades all day simply makes too many decisions to think soundly and by pure math they are more likely to make bad decisions because they are constantly changing their mind every hour.

This is the problem with X and following crypto traders on there for their insights. Very few have the ability to just shut up and let the move play out. They feel the need to comment on every little tick up or down in the market.

The idea of this service is not to do that. We are here to time the market to the best of our ability and get you in at major lows and out near major tops.

All the little moves in between are of no concern to us. We want identify a major trend early and ride it out as long as the rules of the market are in tact and in our favor.

Today we can look at why this market has managed to fool so many people in what has been another long weekly consolidation and yet its been doing the same pattern over and over for the last three years.

The caveat now, is that conditions at this point of the cycle normally lead us to a far more bullish move in alts than anything we have seen up to this point.

I’m going to start by covering BTC and show you why all the rules of a strong trend are at play and why a runaway move always follows this setup.