This scenario still plays out. Good luck.
This time there were just no sellers around 9100, and the buyers stepped in, means that the price would not go lower. And soon start to go up.
God Bless you and Peace!
My view is that 75% that the low is in at 9100 or whatever, I believe a small pullback to 10300-10200 is in order and then we break north big time. And yes 60k this year wouldn't surprise me at all.
I'm gonna make a video blog here in 15 min.
But where is the reasoning? the rsi?
This last run-up to 13k was a very bullish sign. Why would we then re-trace that deep?
Also, charting the total I find more accurate.
Anyways, there will be plenty of game between here and 5k if we ever reach there, which I don't think. I believe 7.5k will be enough. But who cares, just play in the NOW and these things don't matter much
The Jim Roger quote whoever old man is, is is too complicated for me, goodnight and all the best, excuse my grumpiness, I'm just tired and in dire need of sleep