Hello everyone,
We've had a pretty hard time for people that enter market since december. I've been calling a bearish scenario for a couple of months even tho many here were still makeing this TO THE MOON charts.
However im not going to brag about this as i missed so many calls anyway.
In my previous post i mentioned about 2 possible scenarios:
Blue and green line (i didnt expect it to drop that fast)
Now im going to show refreshed chart;
As we can see counter trade was a good option, almost all the TV charts were calling for 10k-50k$ till end of the year, unfortunately bull people got the most followers and we got panic bumps are fake calls
So we dropped mucho, many are calling for 1k$ (its possible but i wouldnt belive in this) blood is on the street already, thats a good place to accumulate. Of course im not saying we will not go lower.
I've paint 2 new lines on my chart
some info about my chart:
PINK LINE - bottom around 4k, my max bottom would be 3,4k but i wouldnt wait on it gonna explain later why. Even if that happens its going to be V-shape in my opinion.
BLACK LINE - Bears will give us a little breath, push to a place around 6k and when everyone will back to their bullish views they gonna crush V shape to 4,4k+-, after it we will bounce close to blue striped line.
THIRD OPTION - Accumulation zone is happening here and now we are playng close to blue striped line
BLUE STRIPED LINE - I call this as bull line/support line/accumulation line thats the place that took us to new ATH couple of times BTC gets close to it.
RSI - as we can see its oversold so i dont see a bump this week, maybe if it happens its going to be another week.
Afterall description:
I don't see a point of selling here, most of us lost plenty of money with bad calls maybe even all. If you really belive in drops to 3k or even 1k ask yourself twice what are you going to do when price will go back to 6k+- before 1-3k?
What if 1-3k will never happen, bitcoin will start new bullish cycle and you will lose all yours money?
If i was going to trade in this place, i rather BUY now, lose 50% again and wait for XXX$ % of gains then wait for a "bottom".
Greediness might be hurtful.
At the end of this very bad prediction i would like to quote the best lyrics that comes on my mind right now
'Look, if you had one shot, or one opportunity
To seize everything you ever wanted, in one moment
Would you capture it, or just let it slip?'
GL with your trades, dont treat this as investment prediction as im just a rookie.
We've had a pretty hard time for people that enter market since december. I've been calling a bearish scenario for a couple of months even tho many here were still makeing this TO THE MOON charts.
However im not going to brag about this as i missed so many calls anyway.
In my previous post i mentioned about 2 possible scenarios:
Blue and green line (i didnt expect it to drop that fast)
Now im going to show refreshed chart;
As we can see counter trade was a good option, almost all the TV charts were calling for 10k-50k$ till end of the year, unfortunately bull people got the most followers and we got panic bumps are fake calls
So we dropped mucho, many are calling for 1k$ (its possible but i wouldnt belive in this) blood is on the street already, thats a good place to accumulate. Of course im not saying we will not go lower.
I've paint 2 new lines on my chart
some info about my chart:
PINK LINE - bottom around 4k, my max bottom would be 3,4k but i wouldnt wait on it gonna explain later why. Even if that happens its going to be V-shape in my opinion.
BLACK LINE - Bears will give us a little breath, push to a place around 6k and when everyone will back to their bullish views they gonna crush V shape to 4,4k+-, after it we will bounce close to blue striped line.
THIRD OPTION - Accumulation zone is happening here and now we are playng close to blue striped line
BLUE STRIPED LINE - I call this as bull line/support line/accumulation line thats the place that took us to new ATH couple of times BTC gets close to it.
RSI - as we can see its oversold so i dont see a bump this week, maybe if it happens its going to be another week.
Afterall description:
I don't see a point of selling here, most of us lost plenty of money with bad calls maybe even all. If you really belive in drops to 3k or even 1k ask yourself twice what are you going to do when price will go back to 6k+- before 1-3k?
What if 1-3k will never happen, bitcoin will start new bullish cycle and you will lose all yours money?
If i was going to trade in this place, i rather BUY now, lose 50% again and wait for XXX$ % of gains then wait for a "bottom".
Greediness might be hurtful.
At the end of this very bad prediction i would like to quote the best lyrics that comes on my mind right now
'Look, if you had one shot, or one opportunity
To seize everything you ever wanted, in one moment
Would you capture it, or just let it slip?'
GL with your trades, dont treat this as investment prediction as im just a rookie.