Another big move incoming soon and I reckon a breakout to the downside. I'm sorry for bursting your bubble moonboys, but this unfortunately looking like a blow up top. With the launch of bakkt inc. I'm very bearish short term. Bakkt is bearish, because investments are short term costs. If you invest in something, it will cost you money. This is pretty basic. Besides I'm pretty sure BTC is going towards $7500,- region and worst case bearish scenario; BTC creates a higher low in the $4700 region before the next bull run. Personally I am hoping the next bull run will be at around $7500 region since this is golden retrace region. But I could be wrong, I hope I am wrong then I can finally cash out, but the bullish scenario; BTC creates a lower high at the $11.8k region. But this is less likely to happen. Because this would be quite jinxing. It will get rejected at those regions and if it dips down, it will be dramatic for the moonboys. I predict mass liquidations at these regions. Tip for the moonboys: DO NOT FORGET TO SETUP YOUR STOPP/LOSS.
Always look at both side of the coin. Nothing goes up nor down forever. Only if BTC dies, but I do not think this is even possible anymore. Unless some kind of global EMP burst out and damaging every server, then yeah. But It is becoming more and more apparent that we are living in a digital world. That's why I am very bullish for BTC and even some shitcoins(EOS,LTC,XRP,ETH) long-term.
Don't forget, the trend is your friend. Good luck!
Always look at both side of the coin. Nothing goes up nor down forever. Only if BTC dies, but I do not think this is even possible anymore. Unless some kind of global EMP burst out and damaging every server, then yeah. But It is becoming more and more apparent that we are living in a digital world. That's why I am very bullish for BTC and even some shitcoins(EOS,LTC,XRP,ETH) long-term.
Don't forget, the trend is your friend. Good luck!
Trade closed: stop reached:
S/L Triggered! Ok, possible break out to the upside, but still possible fake out also. Opening limit order position at $11.1k region to if does break to up side.
Comment:
Of course.. fake outs...#$#%&*(^!@#. Good thing I had another short position open, watching how far this dump will go
Order cancelled:
Limit order closed
Comment:
Bakkt:
On Sept 6, our Warehouse will begin offering secure storage of customer bitcoin to prepare for the launch of Bakkt Bitcoin Daily & Monthly Futures when they launch on Sept 23.
After the opening, BTC dipped 5%... Is this another confirmation Bakkt is bearish?
On Sept 6, our Warehouse will begin offering secure storage of customer bitcoin to prepare for the launch of Bakkt Bitcoin Daily & Monthly Futures when they launch on Sept 23.
After the opening, BTC dipped 5%... Is this another confirmation Bakkt is bearish?
