Got some interesting fills down there.
Let's see if this ihas plays out
Now that we are deep in green time to set a stop loss in profits and choose a target.
By now our SL is going to be at 6900
And also by now our take profit is going to be a 10500
And also this
So once (if) we breakout this trendline fomo will kick in
I still target 10.5k with the remaining of this long, and i consider it a safe target for now.
Mainstream media is calling bottom, JPM is comparing btc/eth/xrp to regular bank transfers... this is the perfect "return to normal" enviroment. But there are so many people in loss (new buyers since november) that i dont believe we can get rid of them without MOAR panic
Go, go, go Bitcoin!
Raising that stop loss in profits to 7900.
From 6000 to 10500 :)
We face a strong reversal zone above 10900 and up to 12700. not worth being long here.
It is everything about risk reward. here you dont have a clear stop nor a clear target, and it is a strong reversal zone. some indicators are already signaling overbought and we are up 80% from bottom.