I've been wrong since $10,500 and have shorted the local bottom multiple times (this is my 1st year learning how to trade from 0 experience) Where did i do wrong? At $8800 my predictions were breaking the historical resistance ($10,500) followed by an impulse move to $13,800. We topped out at $12,500 and retested the old resistance which now was acting as support ($9800-$10,500) This year I've paid my traders tuition and now I've experienced both macro crazy pumps and dumps. I've learned many good lessons since my first trade (April-May 2020) and I'm excited for 2021 and the future.
We're VERY close to breaking ATH's and entering price discovery but a correction is over due (price being overbought / oscillators high) also don't mean much when bitcoin has its momentum while going parabolic in a bull run (fighting the trend will result in liquidation and blowing an entire account)
An expert is someone who's failed in all area's and learned how to adapt
Looking forward to 2021 and the rest of the decade as bitcoin further develops and builds a solid foundation going into the future
Think bigger my friend. 20k is just the beginning. Yeah we may correct slightly. 2k maybe? But think big. Moves up will be much much bigger than that. 1K swings in hrs are expected during parabolic moves. This is gonna be crazy bro. Crazy!
ealsup
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Welcome back my friend. Read your Insta posts and were hoping you weren’t throwing in the hat. That said, don’t dish it if you can’t take it. We are all in this together. You got this! Buy and hold brother. BTC gonna make headlines for the next year!
ealsup
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@ealsup, Risk management #1. Always. TA means nothing during parabolic moves. Crazy huh? :)