The_Wrap

BTC MID/LONG TERM OUTLOOK

BITFINEX:BTCUSD   Bitcoin
Hello traders,
Well here we are again, looking forward !! whilst we are staring down !!
Obvious to see the trend has not changed, the cycle remains incomplete until we print a new structural high, i see absolutely no reason why we will not step back the stepping stones that were laid on the way up, profit up, profit down.. a lot of burnt hands in between.... This is the nature of the cycle and all we can do is trade the trend as best we can and make informed fact based decisions from the info in front of us, i don't believe BTC is capable of sideways action for long periods, its nature is to throw peaks and valleys.. How deep do we go before we see a new direction, well no one knows this.. absolutely no one.. On that note, i will play what i see, its worked so far..
Good luck people !!
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