Take a look Nvidia chart.
While everyone talk about SP500 should going to hell and crazy economica collapse. Nvda tested 27 zone on Montly timeframe, and REKT all short positions. What you can learn from this Nvidia chart?!
1. Always zoom out and watch wider. Market doesnt owe you nothing and if you wanna see something on a chart it doesnt mean it should move on your direction even if its looks logic.
2. 27 zone works and will work believe you or not. The same like IAP model.
3. Turn on indicators set and youll see on higher timeframe, whales need time to sell their bags step by step. They need time, even if some asset looks like this overhyped, overbought. Yes they shows perfect fixations. And we can see corrections. We need accumulate step by step and sell step by step. Youll never catch the exact bottom or top
4. BTC now around like 0.5 lvl nvda chart. So if SP500, Nasdaq, Nvidia, Meta, GOLD, reached new ATH this way, why BTC cant move like Nvidia without correction to 80k or 120k?!
