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UnknownUnicorn18205093
Sep 23, 2022 7:55 PM

DON'T Buy. Btc is dead sadly Short

Bitcoin / U.S. dollarBitstamp

Description

12 years old trend broken badly. We will buy much cheaper. This bear market will last longer than most chart guys think. Dont get rekt.
Comments
SquishTrade
great viewpoint! thanks for sharing
UnknownUnicorn18205093
@SquishTrade, thank you
UnknownUnicorn3631192
It will go up soon, the actual bottom likely to be at $5,000 in a few years
Melroy89
@Daytrader5000 I dreamed two times about btc below 10k. Then my prophetic dream usually comes true.
UnknownUnicorn3631192
@Melroy89, lol, we shall see
Afterbite
4500
Melroy89
I do think we have this accumulation cycle started in May and will last for at least 202 q1.
Melroy89
@Melroy89 2023* q1
Ether2020
Absolutely agree! I was already bearish on BTC from last year and made excellent money with my patience! This time, everyone is counting on 10k as the final bottom. Don't be fooled, friends, the bottom is there only when the world situation improves instead of getting worse.

Sad but many traders have no patience and a large part have FOMO, buying and then sleepless nights. Then they get stopped out again and again and at a sudden moment they get scared because the losses are big. Yes, the 90/10 rule is very true. Following the herd is the worst thing you can do.

So in my opinion, friends, you just need to think logically. TA is a great tool, and we are on the best platform in the world, but everything lags. No indicator can predict, for example, a nuclear attack that will cause a huge drop in the markets. What you need is vision combined with a good TA. The best of both worlds!

Happy trading!
Melroy89
@Ether2020 let's not hope for a nuclear war please.
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