The past few days Bitcoin has been chopping around the range but I think decision time is near. I know many people don't want to hear this but I think a crash is coming. The bitcoin bulls have been too greedy these past few weeks and the Bear gods are about to Smite the greedy bulls back to their basements as punishment.
I think it's gonna happen in the weekend. The price might pump a little(I'm thinking around 19k) on the open of the new daily candle to trap people before the real move begins. It's setting up for a big crash that will catch many people off guard and REKT. Even if you are bullish I think it's better to long once we break 20k with momentum rather than here. Check out the ideas below to get a better picture of what I'm thinking.
I think it's gonna happen in the weekend. The price might pump a little(I'm thinking around 19k) on the open of the new daily candle to trap people before the real move begins. It's setting up for a big crash that will catch many people off guard and REKT. Even if you are bullish I think it's better to long once we break 20k with momentum rather than here. Check out the ideas below to get a better picture of what I'm thinking.
Comment:
TP1 around 18400 and TP2 around 17700-17600.
Comment:
Optimal short entry for me would be 19330-19400
Trade active
Comment:
Alright, i got my optimal entry: 19330
Trade closed manually
Comment:
Idea was right but I got chopped up, sad lol
