I agree with the view that -IF- we have bottomed here we are likely to start moving up during the year. But almost everybody is comparing the 2015 fractal to the current developments. To my experience then often it goes another way..... So I'm very cautious. I mean just like Sunday when I expected price to rise to the weekly 20 MA (around 4300 - 4400) just like it did in 2015. It didn't and was deliberately cut short by people, at least to my opinion, who have a different agenda. But I have anticipated on a bottom and went in with a long term position still below current prices. If prices drop I can get out break even or I might hedge on the way down. But as said I also believe the bottom is in.
Be extremely cautious.......
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Oh Man Shorts are getting loaded up again... Watch out bulls...BTC to 2400 says the experts... Shorts are really strong...Shorts are going ALL IN...Longs need to go ALL IN. This is epic battle between bulls and bears. Pass the popcorn
I agree with the view that -IF- we have bottomed here we are likely to start moving up during the year. But almost everybody is comparing the 2015 fractal to the current developments. To my experience then often it goes another way..... So I'm very cautious. I mean just like Sunday when I expected price to rise to the weekly 20 MA (around 4300 - 4400) just like it did in 2015. It didn't and was deliberately cut short by people, at least to my opinion, who have a different agenda. But I have anticipated on a bottom and went in with a long term position still below current prices. If prices drop I can get out break even or I might hedge on the way down. But as said I also believe the bottom is in.
Be extremely cautious.......