My account is now up about 25% after a month of trading after I just closed my long from 5360. The title says 8360, I must have been smoking crack at the time because that is quite a different number than I meant. Ironically, I'm writing this first thing after waking up so how tf I did not notice earlier is beyond me. Anyways...
I suspect btc has reached a local high and will continue dumping, so I am waiting for the next short entry. But, I can be wrong which is why I'm waiting. The market hasn't given me the sell signal yet, so I need to wait for it to do so.
I will let you know when if it does, or if I flip bullish.
Good luck and don't be stupid,
Shkreli
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fyi closed long at 6900, looks like 7.1k was the top so far, will update later
That was an epic call! I saw the original post. So what now? I don't see us ripping up during a pandemic and all the major markets in a tailspin. If Bitcoin is going to be the phoenix that rises, then it will be in the aftermath.
CantorTechnologies
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@codewarrior_777, I agree with you 100% mate. Think 1k is very possible, but perhaps the 2kish reason will be more formidable than I've given credit - but I doubt it. I don't really try to predict where things will end or whatever, I trade trends. That said, we are for sure in a bear trend and 1k is the major support I am seeing, so likely if we do turn around, it's going to be there. But markets are dynamic, who knows maybe we already bottomed and i gotta go long again. I'll keep the updates coming, thanks for reading mate.