Let me get straight to the point as usual, I'm new to tradingview, (1-2)months, but all my calls have been on point. We've confirmed a double top at 11600-11700 and double bottom at 9200-9300. That means either the support or resistance has to break. Well guess what, after a massive dumping there is always a PUMPING. We're not going to 6k, 5k, or even 4k. Keep dreaming bears. Buy with the targets provided and enjoy the rewards. Remember to take profit and always use a stop loss. Like and upvote would be appreciated so I can get 50 Rep, Thank you.
Would also like to hear your thoughts, comment below!!
You, my friend, are in a state of denial. It is time to cut losses.
BTC is outdated. It is an old and dying horse. It is a corrupted, centralized, and deprecated technology controlled by oligarchs. The failures and shortcomings of BTC are going to destroy the entire industry for a time. Until we abandon BTC as a trading pair and allow it to move independently of the rest of the market the superior coins which BTC currently dominates will also fail to thrive.
When the ashes settle, perhaps BTC will rise again. But I believe it is more likely that a suitable replacement will finally emerge and take the throne.
BTC needs to be replaced or removed from the markets. It is far too centralized in a country which openly hates this technology to ever be considered a safe or logical investment.
If you are dead set on BTC I would still strongly advise against holding it at this time. It is a fools errand. Double Top your own confirmation bias chose to ignore was a plain and vivid sign to sell. A Double Top is always a strong sell signal. And the bottom has yet to be reached. We may test 6k again, but I'm not sure that it will hold for a second time. I believe it is more likely that BTC will gradually return to 2k. And if it ever reaches 20k again, it won't be for several years.
And that's _IF_ the coin makes very profound changes to its internal structure and function. A technology like this can never thrive when the majority of its PoW hashpower is under the exclusive control of 2 Chinese Billionaires.
And Segwit / Lightning Network are like strapping rockets to a horse and buggy. Why do this when automobiles are in full production? Buy those instead.
BTC is outdated. It is an old and dying horse. It is a corrupted, centralized, and deprecated technology controlled by oligarchs. The failures and shortcomings of BTC are going to destroy the entire industry for a time. Until we abandon BTC as a trading pair and allow it to move independently of the rest of the market the superior coins which BTC currently dominates will also fail to thrive.
When the ashes settle, perhaps BTC will rise again. But I believe it is more likely that a suitable replacement will finally emerge and take the throne.
BTC needs to be replaced or removed from the markets. It is far too centralized in a country which openly hates this technology to ever be considered a safe or logical investment.
If you are dead set on BTC I would still strongly advise against holding it at this time. It is a fools errand. Double Top your own confirmation bias chose to ignore was a plain and vivid sign to sell. A Double Top is always a strong sell signal. And the bottom has yet to be reached. We may test 6k again, but I'm not sure that it will hold for a second time. I believe it is more likely that BTC will gradually return to 2k. And if it ever reaches 20k again, it won't be for several years.
And that's _IF_ the coin makes very profound changes to its internal structure and function. A technology like this can never thrive when the majority of its PoW hashpower is under the exclusive control of 2 Chinese Billionaires.
And Segwit / Lightning Network are like strapping rockets to a horse and buggy. Why do this when automobiles are in full production? Buy those instead.