"The CNN Low": more confirmation Long

Bitcoin / DollarBitfinex

Description

⋅ Jan 11, 2021 10:22 PM

Any other news outlet more partialized and dumb than CNN out there?... difficult.

Adding fire to the bounce. Amazing timing.

Nothing can be predicted in the trading world...but I´d say this is great confirmation for the bounce.

Let´s see....

Beyond Technical Analysis BTC Bitcoin (Cryptocurrency)bitcoinlong btclong newstrading financialnews crypto Cryptocurrency

Comments

MrDietz

⋅ Jan 11, 2021 10:37 PM

Well... If news outlets are now saying that it is in a bear, then it's time to buy...lol...

HecknDoggo

⋅ Jan 11, 2021 10:36 PM

add CNBC to the list of calling bottoms lol

maguila057

⋅ Jan 12, 2021 5:05 PM

@HecknDoggo, Will absolutely do jajaj. "Fast money crew bottom"

TremendousArac1

⋅ Jan 11, 2021 11:32 PM

Lol totally agree with you. Whatever these clowns say, do the opposite. It seems to have hit a hard bump at around 31 and bounced off. My guess, fwiw (nothing), is that institutions that piled in at the mid to high 20s basically now backstop BTC at those levels. And I kind of agree with whoever said that the higher it goes, actually the less risky it gets. Play on.

maguila057

⋅ Jan 12, 2021 5:07 PM

@TremendousArac1, Yes indeed. the more liquidity the better it will be. I agree.

I thought we were going to see a sub 30k wash to activate stop losses and pile all that BTC, but the financial press made me rethink it jajaj