Why I Am Not Bearish Bitcoin. . . and will be surprised if we break down below 1st and 2nd quarter lows

BASIS

Notice that Sep futures go into contango on every dip
Not so for ethereum, carrying charge remains on dips and rallies, which is healthy for a bear market

RELATIVE STRENGTH

Bitcoin failed to penetrate 1st Quart Low, and remains substantially higher than June low
Ethereum penetrated June low and has made new lows.

TIMING INDICATORS

Quarterly 3 candle correction from quarterly 9
Weekly says this is buy time
8 hour says this is buy time
6 hours says this is buy time
4 hour says this is buy time

IT’S TIME TO PULL THE TRIGGER

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Ugly Old Bitcoin Standard Bearer

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Ugly Old Bitcoin Standard Bearer

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