BTC has proved itself to be very harmonic. Presenting multiple harmonic trading opportunities. It has also proven to follow the precious metals futures model I have outlined in previous posts. This model has been very accurate and predicts a leg up here followed by painfully slow death spiral. It has been a very fun ride and I have made some money but it is time to transition into other markets imo. My price target is the .618 retracement of the previous run around 7500 this may change depending where we get a bounce at. If I am wrong I will be that guy buying BTC at at 10k+ and only getting 100% return when I could have got 400%.
@mightytrader @KyleBessoni id say thats a pretty nice reversal off my right edge call what do uguys think
mightytrader
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There's plenty of small-cap PUMP coins (ALTBTC) pairs that will provide plenty of liquidity and predictable 20-50% moves in a couple hours. So, no worries if you buy BTC more expensive. That's the knew FOMO... but these markets might just not move much from this point on other than more down. I'm not buying into the trend has clearly reversed.
ThumbSkin
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@mightytrader, well we have to assume it had until indicators or a lower low proves otherwise.
mightytrader
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@KyleBessoni, Ichimoku never lies on higher timeframes. The Japanese are people with great honor. So, until it behaves good with respect and honor towards The Japanese... I will not buy.