Tone Vays is the best public trader in the space bar none. I have huge respect for not only his technical expertise, but what he does for the BTC space.
As of right now, he believes new lows are the most probable route, and that this recent up move is a bull trap. Only time will tell, but I thought I'd counter trade him. As long as we stay above 4950 for the next week or so, I believe BTC could surprise everyone and get to 12k by December. If I had to guess, the majority of people didn't buy sub 4k, and most people didn't even buy sub 5k.
BTC enjoys seeing the suffering both on the way down AND on the way up.
As of right now, he believes new lows are the most probable route, and that this recent up move is a bull trap. Only time will tell, but I thought I'd counter trade him. As long as we stay above 4950 for the next week or so, I believe BTC could surprise everyone and get to 12k by December. If I had to guess, the majority of people didn't buy sub 4k, and most people didn't even buy sub 5k.
BTC enjoys seeing the suffering both on the way down AND on the way up.
Trade active:
Short term still bull unless it goes below 5330-ish, in which case I could see 4600 being back on radar. Naked shorts high as well now though and that could help pump over 6k.
Trade active:
Going to plan.
Trade active:
So we got the 12-14k in June as discussed in previous update back in May, but lack of follow through means it's highly unlikely we go 10x in December haha. Hope you're all booked into to black market surgeons though. 5-6k zone is near. Might not get there though tbh... time will tell
Comment:
Current price: 6880.
Time to pay attention.
Time to pay attention.
Most likely retrace/ sideways though i think. If we get 5-6k sell organs to buy.