serekamina

The REAL Bearish Scenario: All PermaGoggles OFF

Long
BITFINEX:BTCUSD   Bitcoin
Don't be one of the many "boys who cried bear" when your shorts get squeezed and everyone else who isn't posting wild stuff is going with the trend/market phase. We are only in the very first correction at the very beginning of the bull market, and even if we get a bearish scenario where the bull market fails, it would most likely come by not taking out previous ATH's (which we haven't even attempted yet). This would mean a Macro 3-Wave Correction up to double top, which is the REAL confirmation that would give bears confident to drop Bitcoin back into the Markdown Phase.

Btw considering the fundamentals & future of the tech, even this scenario is rather bearish. Whoever is proclaiming we're back to the bear RIGHT NOW, all I'll say is you really love being a bear. I'm good being whichever one matches the trend and not the crowd, because the crowd almost always catches on late toward the end of every trend change, and doesn't spot the sweet spot confirmation for entry in either direction, bear or bull.
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