I will use this chart to say, "I told you so!" LOL, No! I wouldn't, no matter how tempting it might sound!
The world has come to a point where something absolutely of no value or practicality, is priced the most and something of utmost value, completely ignored and discarded. Loud and dumb is the way forward, so either learn to live with it or perish! Definitely don't fight it!
On a similar note, sensational ideas get a lot of views, but sensible ones don't. I hope this would be the least viewed idea that I would ever come to publish, thereby becoming the most sensible one, even if it might end up not being one. LOL!
These are the levels at play until the end of the year, no higher, no lower. Just after one sudden bullish impulse, people forget how slow and excruciating BTC can be, we are headed towards that phase again, most probably hanging everyone out to dry in unimaginable ways.
If the blue line breaks before the end of this year, BTC will touch the trend line support sometime mid next year, in a very slow and grueling way or not! Don't get carried away with the halving, it might have absolutely no effect on the price.
BTCUSD
The world has come to a point where something absolutely of no value or practicality, is priced the most and something of utmost value, completely ignored and discarded. Loud and dumb is the way forward, so either learn to live with it or perish! Definitely don't fight it!
On a similar note, sensational ideas get a lot of views, but sensible ones don't. I hope this would be the least viewed idea that I would ever come to publish, thereby becoming the most sensible one, even if it might end up not being one. LOL!
These are the levels at play until the end of the year, no higher, no lower. Just after one sudden bullish impulse, people forget how slow and excruciating BTC can be, we are headed towards that phase again, most probably hanging everyone out to dry in unimaginable ways.
If the blue line breaks before the end of this year, BTC will touch the trend line support sometime mid next year, in a very slow and grueling way or not! Don't get carried away with the halving, it might have absolutely no effect on the price.
BTCUSD
Comment:
One possible way in a million
Comment:
Best possible plan for BTC. Weekly close at 9.4k and heads further down to 8.1k next week. That would see some real blood on the streets.