We are already in a little correction from the top, Bitcoin is smoking hot, so don't count on a huge and lengthy correction this time. As soon we see some retest or a little bull flag we can continue on our way to 14 k.
Do you think we’re likely to go much lower or might it be relatively safe to open a 24 hr position? I like your work by the way, obviously I guess or I wouldn’t be asking you...
Marginbuu
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@johnmcal3, On the one hand BTC had great news and most technical indicators are on buy, but the 4 hour rsi is pretty overbought and daily almost also, so a little pullback or sideways can happen, but under 12k is not realistic at the moment. Paypal news and low DXY is just to much for the bears. DXY may bounce a little and that can cause a little correction, but that would just cool the rsi off and create more pumps.
johnmcal3
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@Marginbuu, I really appreciate you making the time to respond. I feel pretty confident too. I speculate on the price at toppersoptions, I wish I could find a book that explains how to use their use their UI... a friend introduced me to it, but I still don’t really understand quite what I’m doing crazy as it sounds. I understand as much as placing a bet for a length of time, I think the buy and sell buttons are to actually buy BTC and sell it, have you heard of it? Any idea how it works?
Marginbuu
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@johnmcal3, no problem, watching this market 24-7. I am not familiar with, I trade on binance, okex and huobi global. Only okex and binance are a little scary right now.
@Marginbuu, You my friend, are the man. I will be following you, and whenever I make a play that involved your guidance, you can count on reciprocal appreciation shown.