Following the charts, it looks like we have been repeating the same pattern for 2021.
Hit ATH a correction than a slow run back up to ATH...Repeat...Repeat...pretty soon BTC will be 5 billion a coin, SAVE THIS TWEET. I don't know what the future holds but I don't think 5 Billion will be it per coin. All joking aside the pattern has revealed a beautiful channel to trade BTC off of. Right now we are mid through the channel and although MCAD and RSI are low I still think there is a bit more correcting to be done which could very well happen when I have to sleep. From that little down spot, it will be a slow walk back up to the top wall of the channel, and then guess what is going to happen, you guessed it (if you read or have eyes) it is going to correct. First correction (the point prior to the beginning of the channel was 30%, then the second was 26%, so we can expect about 20% which is pretty aligned with the channel. The timeline might not be right but if you are looking to trade then set your sell around 69500 to 73000 depending on how the stream goes in this run, but more importantly your buy should be around 57000/58000, which (facepalm) is right about where this little downward dunk is going to take us before we continue back up.
So class what does that mean? Yep, it's super bowl time baby, buy the dip now so you won't have to rush out on the commercials, inevitably missing the big play and instead live to regret another day.
Just advice, take it or leave it, do call your lawyers crying that you listened to the crazy internet guy when he told you to buy BTC, this is a decentralized currency you are investing in, that has and will continue to change the world. Future generations of weird VR shut in's will look back on this day as they are spending $MANA (Crypto drop) saying that those savages changed the world for the better, or maybe we all die from global warming from crypto mining and there are no future generations. Ummm Wait yes I am not a financial advisor, take it or leave it, if you leave it then be sure to leave a comment, if you take it then I do accept crypto tips thanks in advance.
Hit ATH a correction than a slow run back up to ATH...Repeat...Repeat...pretty soon BTC will be 5 billion a coin, SAVE THIS TWEET. I don't know what the future holds but I don't think 5 Billion will be it per coin. All joking aside the pattern has revealed a beautiful channel to trade BTC off of. Right now we are mid through the channel and although MCAD and RSI are low I still think there is a bit more correcting to be done which could very well happen when I have to sleep. From that little down spot, it will be a slow walk back up to the top wall of the channel, and then guess what is going to happen, you guessed it (if you read or have eyes) it is going to correct. First correction (the point prior to the beginning of the channel was 30%, then the second was 26%, so we can expect about 20% which is pretty aligned with the channel. The timeline might not be right but if you are looking to trade then set your sell around 69500 to 73000 depending on how the stream goes in this run, but more importantly your buy should be around 57000/58000, which (facepalm) is right about where this little downward dunk is going to take us before we continue back up.
So class what does that mean? Yep, it's super bowl time baby, buy the dip now so you won't have to rush out on the commercials, inevitably missing the big play and instead live to regret another day.
Just advice, take it or leave it, do call your lawyers crying that you listened to the crazy internet guy when he told you to buy BTC, this is a decentralized currency you are investing in, that has and will continue to change the world. Future generations of weird VR shut in's will look back on this day as they are spending $MANA (Crypto drop) saying that those savages changed the world for the better, or maybe we all die from global warming from crypto mining and there are no future generations. Ummm Wait yes I am not a financial advisor, take it or leave it, if you leave it then be sure to leave a comment, if you take it then I do accept crypto tips thanks in advance.
Comment:
What occurred with BTC to bring down the price was that India decided to make it illegal to own BTC. I don't see this affecting the overall short and full-term growth of BTC. It is currently still within the major channel, I increased my steak at 57500 and I still see that as a good price to own. I have another limit buy for 52500 in case it wants to go kiss the trend line then I will pick up more for right now I think it will continue going up.
