Well here we are at what feels like the end game of this bear market. There are two choices. Price can go up or it can go down -or it will go sideways.
My reading of PA leads me to believe it's down. Honestly I'm loosing interest in bitcoin at the moment to focus on other things such as fx and stocks.
I'm also taking a hiatus from blogging and social media. Really need to focus on trading and my other sources of income. Anyway bitcoin looking bearish . Macd looks like it's about to fall off a cliff . I'm expecting a retest of the yearly low marked by the arrow.
I will reevaluate if price moves above 4000 but in the meantime the prevailing trend holds my bias. Lower end target is $850.
Comment
⋅
Repeat after me:
I will not fomo buy. I will not bulltard. I will be skeptical. I will protect my capital above all else. I will be fast to react if the market moves against me. I will be patient when it moves as expected. I realize price can move either way. I will let runners run and cut losses fast. (Not the other way around.)
That's all the trading advice I got for you guys. (PPS I am a marketer hobbiest trader. I dont know shit.)