mbc47

BTC - Ponzi has no chance

mbc47 Updated   
COINBASE:BTCUSD   Bitcoin
Sooner than later
Trade active
Trade active
Comment:
I want to be respectful and treat BTC like real asset, but..it is Not!
It is just a virtual balloon of hot air folks, nothing else.
With BTC you don't get investment - you gamble :)

It will ultimately disappoint you and crash really big -- what out for 6.4K
That breaks we see -- 2K.
Talking about store of value :)
Comment:
Now... Short responsibly :)
Trade closed manually:
Nice cup and handle. Short @ 9K
Trade active:
Re-opened my short @ $8,125
Comment:
It is all a setup w/ BTC :)
When they convince the people to go long they dump on you!!
Comment:
Hmm
Comment:
Currently below 200MA on the Weekly.
Believe it - 1K is possible and very probably now.
Comment:
Exchanges (whales) are now fighting for their life.
They need to pump up it above 200W MA and they will.

But...it will fall again soon after - buy BTC at much lower levels...
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.