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NavaneetKr
Oct 14, 2021 2:36 AM

BTCUSD - Looking to test the low of 23k Short

Bitcoin / United States DollarCoinbase

Description

As we can see from char tit looks like the bitcoin is on correction mode and we might have the wave building up . As the movement up is with low volume. Will we witness another dump ??
Comments
nelsonsoo
Seriously have you looked at the charts lately this thing is not going down to 23 get a grip
antonio-schmidt
Great post, I think similarly.

Dear commenters so upset on this post, think twice, no.. 10 or 100 times before investing your life savings in crypto... Don't be fools, think seriously: why do you do that? Who tells you e.g. "institutes are buying into bitcoin"? Do you know who the institutions invested or "whales" are? Who are the ones that can make the market? Just, use your judgement, thinking on that both scenarios can happen and your investment will be not secured here, not a little bit. If you lose it, you lost it.
I wish I could be louder about this, but nvm...

Before the big "who is investing in what" call, you can maybe check this one as well:

I collected some reasons why I think it's a distribution and serious misleading of many.

Don't risk your life savings in crypto!
WillTMoney
An ice-cube has a better chance in the desert.. Don't short BTC right now or you'll lose your everything. We're headed to 350k+.. PLEASE do your research on BTC halving cycle and study past charts during the same periods each four years. This isn't a random chart, this is Bitcoin..
nelsonsoo
You’re on a different planet all the institutions are buying in why would you short it only if you want to lose money
ccp4brkzft
Hahaha great insight, thanks!
ClearOpenDoor
excellent job!
unidoriya
in ur dream
GiantGroupIntl
WTF are you talking about? Are you looking at year old charts??
nelsonsoo
Go ahead and short it now I want to see what happens to you tomorrow
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