Hi Traders,
I'm still considering the idea that BTC was overbought, as the max pain point for Friday’s $4.2 billion options expiry is $54,000.
Also it's interesting that Tesla would sell 10% of their BTC in this particular moment in the the cycle.
Since not a single chart I've seen was correct for past I don't even know how many days, I MADE DIS. I think BTC might follow this path.
I'm posting similar idea in XRP section, feel free to criticise, obviously.
Since I know nothing about trading this idea has been formed based on EuroMotif's analysys "XRP.usd: One Fib to Rule them All, key levels mapped forever" and the BTC fib chart.
This is OBVIOUSLY not a financial advice, I mean come on.
I'm still considering the idea that BTC was overbought, as the max pain point for Friday’s $4.2 billion options expiry is $54,000.
Also it's interesting that Tesla would sell 10% of their BTC in this particular moment in the the cycle.
Since not a single chart I've seen was correct for past I don't even know how many days, I MADE DIS. I think BTC might follow this path.
I'm posting similar idea in XRP section, feel free to criticise, obviously.
Since I know nothing about trading this idea has been formed based on EuroMotif's analysys "XRP.usd: One Fib to Rule them All, key levels mapped forever" and the BTC fib chart.
This is OBVIOUSLY not a financial advice, I mean come on.
Comment:
Or we could just drop to 52k area and then go upwards
Trade closed manually