iamthree

24 Day Macro view ... perspective ?

Long
BITSTAMP:BTCUSD   Bitcoin
The next 24D candle close will give us a lot of information about the future of price action for the coming weeks and months ...
I would love the price of BTC to fall back to 7k or lower then I would buy some more ...
But I am not going to hold my breath
nor will I go short against what i see as a strong case for a bullish break out ...
Patience is recommended
volatility is a feature not a bug ... :)

was the first set of red candle recently in the lower time frames the leverage game liquidating over leveraged players
was the second set of red candle recently in the lower time frames fishing new bitcoiners out of there position because they bought in around the 8k 9k price level?

do we go up
I think that's inevitable
the million dollar question is WHEN !!!

:) THANK YOU FOR YOUR TIME SPENT LOOKING AT MY VIEWS AND CHART :)
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