When everyone in the community is screaming go, I say no. When everyone is calling for extremes I say; be calm.
Btc is set up for a bear trap, don't get caught.
- MacD crossover
- MA short term resistance hit
- Market sentiment; expecting a drop and many calling for a bull (wtf...) trap
We're going to set a higher low that will go to 7800$ max to continue the health market recovery. Don't get caught in the selloff and buy the lows. I'm in fiat waiting to convert my fiat into more BTC.
Btc is set up for a bear trap, don't get caught.
- MacD crossover
- MA short term resistance hit
- Market sentiment; expecting a drop and many calling for a bull (wtf...) trap
We're going to set a higher low that will go to 7800$ max to continue the health market recovery. Don't get caught in the selloff and buy the lows. I'm in fiat waiting to convert my fiat into more BTC.
Comment:
Comment; Long-term I am obvious a bull. The davos forum was almost unanimously pro-cryptocurrency with the Asian reps all expecting a 20k-25k Bitcoin, followed by the positive SEC meeting and of course the subsequent healthy market recovery. YES the correction is over, YES we bounced way too hard to not have a short term drop. A healthy recovery consists of higher highs and higher lows!
Comment:
We've been down 200 dollars so far which proves... exactly nothing.
Trade closed: target reached