I am ready for a breakout in any direction.
The poor fools got baited. Arthur running the liquidation bot again.
The gold parallel is still going on, no reason for it to stop.
As long as it works, going to expect Bitcoin to keep doing the same as gold but more bearish.
Actually, even during the bull market gold bull market was more bullish
Just going long at 3000 when longs flip to short and then the price goes up as Arthur liquidates them.
Small trade, not a big deal to miss it. The big one is the 1500-2000$ long I do not want to miss.
Been waiting 1 year for that ...
Do not be an idiot, do not try to catch/time the bottom. :D
Well unless you are me hu hu hu I am just so good.
Pro strategey if you want to investey for some reason and it hasbeen to be at the bottom = goy longue on bottoms if you know where they are (6000 3000 1600 were predictable),
sell 90% when it bounces so you have a winning trade, and some of your winnings can stay in longer run, you do not really care if it dips more, you will just repeat over and over.
Where is the "gut feeling" category? Just going to set as Trend Analysis :pepelaugh:
The poor fools got baited. Arthur running the liquidation bot again.
The gold parallel is still going on, no reason for it to stop.
As long as it works, going to expect Bitcoin to keep doing the same as gold but more bearish.
Actually, even during the bull market gold bull market was more bullish
Just going long at 3000 when longs flip to short and then the price goes up as Arthur liquidates them.
Small trade, not a big deal to miss it. The big one is the 1500-2000$ long I do not want to miss.
Been waiting 1 year for that ...
Do not be an idiot, do not try to catch/time the bottom. :D
Well unless you are me hu hu hu I am just so good.
Pro strategey if you want to investey for some reason and it hasbeen to be at the bottom = goy longue on bottoms if you know where they are (6000 3000 1600 were predictable),
sell 90% when it bounces so you have a winning trade, and some of your winnings can stay in longer run, you do not really care if it dips more, you will just repeat over and over.
Where is the "gut feeling" category? Just going to set as Trend Analysis :pepelaugh:
Brace thouselves, for the excuses are coming henceforth (that sentence is so stupid).
I hope we collape soon and reach sub 2000 by the end of january. Pretty sure we do.
By noting very grossly and partially arbitrarily the durations of these market cycles (maybe the truth is a little higher or lower but it's grossly this), denial typically lasts 10% to 1/3 the duration of complacency. It's about time next week to end of month, to go below $3000 (and not back up).
I smurf on Kraken where I can curb stomp low level noobs, going to put some fishing orders. I recommand using this, if you put your stops far and SL manually if necessary...
Anyone understand the range chart? It looks gross.
Only a candle chart or line chart are readable in my eyes. The rest is just ... complete and utter nonsense.