many traders used to see an ascending wedge in BTC, even in 1D.
I do not know what their eyes see, I see another bear flag, targeting the levels 17k-14k.
Even if it reachers that level, I am not sure to buy and for the moment, I am not considering to buy any cryptocurrencies given the macroeconomical circumstances.
Jack Dorsey and Jay-Z opened something like an educational office for people to learn something about finance and - of course - Bitcoin. What else would you do, if you were massively investetd in this ponzi. You think they promote it to reach financial freedom? The answer is No, of course like everyone else out there, they only promote what gives them to most ROI.
cheers
I do not know what their eyes see, I see another bear flag, targeting the levels 17k-14k.
Even if it reachers that level, I am not sure to buy and for the moment, I am not considering to buy any cryptocurrencies given the macroeconomical circumstances.
Jack Dorsey and Jay-Z opened something like an educational office for people to learn something about finance and - of course - Bitcoin. What else would you do, if you were massively investetd in this ponzi. You think they promote it to reach financial freedom? The answer is No, of course like everyone else out there, they only promote what gives them to most ROI.
cheers
Trade active:
well, who could have guessed that? Answer: Me.... Lets see if we get a small bounce before reaching targets. dont touch this falling knife unless market signals you. and the signal will take place over days, weeks, maybe months. dont get caught into this bearish ralley.
Comment:
we are free falling, expect further decline even within FOMC event... maybe there will be a small bounce on FOMC, but remeber: every bounce is a new opportunity to short. dont overleverage, keep calm and act wisely
Comment:
confident, there will be another very good shorting opportunity at around 20k within the hours... maybe 20.3k - 20.7k. expect another dump and leg down with the weekly close