Hello, friends! I received many requests to update my previous idea. Thank you very much for your feedback. Yes, the previous idea did not work out and did not give us the opportunity to buy.
BUT! All this growth is completely fake, there is no real money in it. Within two weeks Tether was printed on their money, and I already knew what they were preparing for. The task is to close the upper gap, which is located directly below the trend line. Will we break it? I doubt it! Now the guys from Tether buy Bitcoin with their fake money and immediately sell it to you for your dollars. This is not charity, this is the real money laundering.
If we didn't make money on this "growth", then we now have a great opportunity to make money on the fall. I set the buy order at $9100 and $9200, and I set the stop-loss at $9800. The first goal is $6,500, but we are more likely to see values much lower. The world is in full swing of a recession. And such investments as Bitcoin will suffer very much from it. That's why the guys from Tether take your money and believe me they will not invest real money back in Bitcoin.
I know that you are not happy that I rarely update my ideas, I promise that I will do it more often, especially now! All successful trades!
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Good pullback from resistance! Don't forget about stop-loss at $9800, now I moved it to $9600. Do you know what I found? New futures gap at $7600, we will fill it very soon!
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Move your stop-loss to $9200. It'd be safety!
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Stop loss triggered. I re-open the short at $9650 with stop loss at $9800. Remember, we are at the end of growth, and we are waiting for the gap to close at the level of $7600.
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We repeat Feb fractal, be ready to see a big down candle. Today Tether print another 100 millions fake money for the last pump. Don't FOMO!
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+15% profit! I hope you enjoy it. I closed she short from $9650 and wait for the pullback. I will keep you updated.
Great work. I dont understand but how does CME futures affect bitcoin trend?
AIMORAN
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@gigabyte3d Thank you my friend! Gaps on Bitcoin futures always close very quickly. I don’t know why this happens here; on the stock market, gaps are not always closed.
seba26-77
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@gigabyte3d, the effect is very small, Satoshi same log allows you to keep the price
WhiteBassFisher
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Great, thanks! V shape up and now pulling back.
phillipdionysiou95
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Love these new updates. Thank you!
Nithinshyl
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Good trend analysis, been keeping up with your ideas for quite a bit now and I'm not even troubled by the fact that it went the other way round especially due to the tether cartel printing their way up. It's good to see you updating us more now thanks. Cheers keep up the good work.
gigabyte3d
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@Nithinshyl, I dont understand how we are suppose to gain mainstream adoption when we have money laundering going on with tether. They are printing tether from thin air.
Nithinshyl
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@gigabyte3d, dont worry about tether, if you haven't heard the recent news of the tether cartel being scrutinized by the New York state ag you should look into that. Moreover the digital dollar should be here by 2021, which means no more other stable coins backed by the dollar. Mainstream adoption will follow when they see the aftermath of the money printer going brrrrrrrr in the relative future.