ThinkLikeaWhaleTLAW

Update on BTC Screaming "FU" From Feb. 68-72 then 34k

Long
COINBASE:BTCUSD   Bitcoin
Not financial advice.
Here's an update of BTC chart i did in early February.
I'll post both charts and heres the updated chart. Of how that pattern is working out.
I still feel the same as i did then.
Also have the chart where it went to 43k
Keep in mind. I made this trendline in Oct. Of 2020 and havent changed it a bit
The "FU" is the same pattern of 2017-2018 gave us a FU then as it did Up to highs then 50% retrace before the uptrend continues again.


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Comment:
Comment:
If it rejects trendline entry at 62500 range then pullback to 30-32k.
50% of whatever rejection is.
We have already had double top.
At 62k A 3rd rejection is usually violent
Comment:
Im literally repeating same thing I said 7 weeks ago.
My idea to go to 100k got rejected when 54k didnt hold this last week as daily close.
You can also refer my sleepy Joe BTC chart which says to 66k as well.
Trade closed: target reached:
As you all know. I'm expecting a 40-50% pullback from here. 35500-43k range
If your unfamiliar or not comfortable trading in this market. Send me a PM I have a long term strategy mapped out
Trade active:
Target reached..
What ya know? Bitcoin rekt everyone except the ones that was expecting it

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