Hi Cryptoheads,
Just a bit of fun here to share some thoughts, and ideas.
As the chart displays, we can clearly see ATH and support levels.
It´s important to remember that the 3k price zone is not a support area, (neither was it a resistance area on the way up) but an important psychological area.
It may turn into support/resistance later, but at time of writing it´s purely a nice round psychological number that happens to be $3k, which by the way is an amazing feat for Bitcoin, right! Round of applause for Bitcoin.
I would like to reach out to those who might have missed the boat on buying Bitcoin before this mega bull move.
Don´t panic buy, and keep FOMO under control. This area is very close to ATH and can be risky.
Remember profitable traders don´t buy at the top.
Wait for a clearer signal to buy in.
This could go megabull and next weekend we could be talking about $4, but remember we ARE going to see Bitcoin at sub $3k prices again, that´s a pretty sure thing, the question is when???
Summary:
Don´t panic buy now, instead wait for a clear signal to buy if and when we break ATH.
There is no proven support above 3K, so if this breaks buying opportunities sub $3k will arise again.
Safe and profitable trading.
Ps. This could take a while to become clear, so sit tight and be patient.
Just a bit of fun here to share some thoughts, and ideas.
As the chart displays, we can clearly see ATH and support levels.
It´s important to remember that the 3k price zone is not a support area, (neither was it a resistance area on the way up) but an important psychological area.
It may turn into support/resistance later, but at time of writing it´s purely a nice round psychological number that happens to be $3k, which by the way is an amazing feat for Bitcoin, right! Round of applause for Bitcoin.
I would like to reach out to those who might have missed the boat on buying Bitcoin before this mega bull move.
Don´t panic buy, and keep FOMO under control. This area is very close to ATH and can be risky.
Remember profitable traders don´t buy at the top.
Wait for a clearer signal to buy in.
This could go megabull and next weekend we could be talking about $4, but remember we ARE going to see Bitcoin at sub $3k prices again, that´s a pretty sure thing, the question is when???
Summary:
Don´t panic buy now, instead wait for a clear signal to buy if and when we break ATH.
There is no proven support above 3K, so if this breaks buying opportunities sub $3k will arise again.
Safe and profitable trading.
Ps. This could take a while to become clear, so sit tight and be patient.