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BrandonrG
Feb 22, 2021 1:58 PM

Bitcoin 2.22.21 Daddy calls Long

Bitcoin / U.S. dollarBitstamp

Description

Things to be aware of this week. miners taking profits and pushing the market down. liquidations trigger into a cascading waterfall of red. its important to be aware of these things and still understand the market structure. PULLBACKS ARE HEALTHY. we cannot go straight up and ive said this hundreds of times. any good altcoin setup can almost always be destroyed by a dumping bitcoin. but everything remains full bull and may settle us slighty lower into consolidation range on previous support. take a break. 2 days ago i reminded myself and others to take profits. i took 30 percent yesterday and moved bitcoin and may move more if the selling continuesl. i think its all good and maybe a good day to buy! ren is looking on sale and so are many others
Comments
Dave-FX-Hunter
Your analysis is great, thank you
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