No sad faces, just short it and profit the correction. Happy face shorter here. Correction is normal. Buy the dip later and long again for 2021.
flai54
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@kenshintani, BTC keeps ranging in between 22K to 24K. You think a couple more days of ranging in this area before a move?
OxEconomist
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@flai54, a lot of options will expire on Friday. Yeah wait for Thursday / Friday higher volatility. When in doubt, zoom out. Check weekly chart. Even indicators for daily in my opinion leaning south. Fibonacci retracement + EMAs could help to indicate possible support levels and reentry to long again. Anyway it is only temporal, if you intend to buy to sell Dec 2021, in 2024, etc incoming correction is nothing, just keep accumulating and holding. For sure I expect btc to reach 100K, but yeah it won't go in a straight line without testing supports.