Whether you are an experienced or a new trader, just look at this chart with distance and ask yourself if a long-term top looks like this. And compare that to other assets and tops.
I say that it is definitely not a halving top. It is a consolidation plateau. Not more. So stay relaxed and look forward to the rest of the rally.
Currently we have touched EMA20. Well done. Maybe we will see 43K. Would be good. Then you can buy cheap.
@btcinvests, Seems like you're really focused on the price only going up and are blind to previous history of BTC as well as basic price action and trend. Where is the current trend? what is price doing? where is support for this impulse up? Are you HODL at these higher prices and hoping others will buy in here? This could be the top for sure. 3X for pervious ATH, and that's not enough. I hope you and anyone else doesn't HODL their crypto all the way back down like BTC did back in 2018, 12K return here we come.
@TruePrimeOne, thx for your agruments. we will see. right now it looks still bullish imo.
JacintoMonteiro
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@TruePrimeOne, We never going to see 20.0k again. Never in btc history we went below ath of previous halving.
TruePrimeOne
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@JacintoMonteiro, never this, never that. anything is possible, its all about probability. What is the probability of going to 20K vs 100K. Is it more likely that we go down 30K or go up 50K? If you know nothing about trading im sorry as I dont have the time to go into details. best of luck to you
BTCINVESTING
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@TruePrimeOne, yes. happy trading. i m trading since 30 years. much success and profits. :-)
JacintoMonteiro
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@TruePrimeOne, 30k more likely. But not 20k. I trade cripto for 4 years.
TruePrimeOne
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@JacintoMonteiro, 30K wont hold, we have a good bounce but its going to 20 and high probability of 13-12K.