BTC.D short till end-Aug, then long in Sep

* BTC.D has been in a descending parallel channel since breakout in early-Aug
* Sep has historically been a lull month for BTC, and I expect BTC.D to increase in Sep.
* Alts to continue growing exponentially and relatively so against BTC in 2H-Sep.

Kommentera:

Much depends on DXY. I suspect that the current double bottom will be driving BTC and BTC.D action till mid-Sep. And, as preparations start for the new financial quarter, DXY drops causing BTC to pump and BTC.D to dump.

Kommentera:

BTC.D's price action has not gone exactly as suggested, but it has indeed dropped from 22 Aug till today (31 Aug). Let's see if it will indeed go up in Sep.

Kommentera:

BTC.D has indeed increased in Sep. Let's wait it to dump in 2H-Sep.