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CryptoKingPete
Dec 3, 2020 12:15 PM

BTC back down to 16k Short

Bitcoin / U.S. dollarBitstamp

Description

back down to 16k here we go, wave 2 of the wedge.
Comments
Honkytime
I don't think so...paypal ready to roll...fomo gearing up. My mom just asked me how to buy some...it's on.
CryptoKingPete
@Honkytime, I never said we aren't mooning, I just think we're in for 1 more dip before we shoot up, 100% right the public now knows so we're going to fomo up like crazy. But i'm not puting a trade in until we breakout or until a dip seems more confirmed.
Honkytime
@CryptoKingPete, Me either...I made a horrible call to trade some out for gold...timing could not have been worse. I'd love for it to return to 16 to correct that...just don't think it will.
cryptospawn
@Honkytime, Bearish divergence, Greed index, rising wedge, and the obvious need for a correction are just a few good reasons for a pullback. The normies of the world will def get on the boat but they will hop on late and get wrekt for sure as usual. So I wouldn't count that as a positive force. To survive in this game you have to do what whales do or you get eaten up. They bought in early and they're patiently waiting for the moment to dump. They're not buying any more right now. I'm not a whale but it doesn't take a genius to figure that one out. This is why we've been so close 4 times already to a new ath and we have failed to break above. It's not whales carrying this bull run anymore. It's the krill.
Side note: If my mom asked me how to buy some I'd say "Lesson #1, Wait for blood".
cryptospawn
Bring it Pete! Some alts I've ben looking to grab are getting out of hand. I need a tranquilizer for them already...
CryptoKingPete
@cryptospawn, hahahaha I feel ya 1 more dip before a big ol' moonshot would be amazing!
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