@DaveAspill, Indeed. We need to zoom-out now and look at higher timeframe and this pattern failed completely.
Thanks for pointing it out.
nemesiscarl
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"nailed" it
mikroland
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yes
ViradJain
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The thing with patterns is that, the mind comprehends what it wants to see, you are so blinded with the idea of a bullish run that you ignore lower highs.
Your falling wedge is a failed wedge.
Namaste.
AlanSantana
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@ViradJain, It did break down but this is a short-term pattern.
I see you have a bearish bias/perspective and that's completely ok.
Do you mind sharing your view for March and April? Where do you see Bitcoin headed?
It is ok to disagree and have different perspective, we can share these here and see how it goes.
My perspective continues 100% bullish.
In fact, ultra bullish above $22,222. Strongly bullish above $20,000.
Still bullish above $18,000. Below things get a bit shaky but still, bullish above the November 2021 low.
Please feel free to share your perspective and thoughts we us, we are open to discussion.
Thank you for your time.
Namaste.
AlanSantana
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@ViradJain, You mentioned you have some questions about this trade idea... Please, don't be shy, open yourself and let us know what these questions are.
ViradJain
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@AlanSantana What's the source of your hopium for this bullish bias? Do you know that the federal reserve is practicing quantitative tightening. Inflation is a real threat. You need to stop mistaking your opinions for facts. Are you trying to manifest a bullrun by spreading optimism based on hopium? Do you even know we're +15% CPI based on 1971 calculations. You are probably bought by market makers to get retail people to buy the other side.
Namaste Gaandu.
AlanSantana
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@ViradJain, You don't have a good track records, all your trade ideas are wrong.
Why should we trust you?
ViradJain
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@AlanSantana, don't trust me. Trust your own analysis of cryto fighting quantitive tightening.