dhillon7800

BTC...the ultimate contradiction? Bearish AND Bullish?! WHHAAAT

BITFINEX:BTCUSD   Bitcoin
Student of the game here with my first video. Excuse the newbness but check out the opinion!

ALRIGHT! Both bullish and bearish...typical trading view guy right? haha LEMME explain!

The BULLISH-
The OVERALL opinion I have on the market on a larger scale is much more BULLISH now. I explain in the video above why my views on a larger scale have turned bullish. How does that affect my trading? Well, less focus on these little plays for short gains and more focus on accumulation! Guys and gals, who are in it to win it...if you had a crystal ball and saw that at a certain price BTC drops 1k in a week but gains 40k in a 3 months then how would that change your perspective? Sure you could say theres plenty of people who thought this before in Jan or Feb but there was nothing on the charts to indicate such. It seems like OVERALL we are through about 80-90% of the correction! I will be focusing on more long term accumulation as I have turned BULLISH on the overall market.

The BEARISH-
The IMMEDIATE opinion I have on the market on a more minute scale is BEARISH. How bearish you ask? Well its more about time than amount my friend. Time is money, money is not money. I believe currently, as I state in the video, that its the timing of the market now to punch my ticket in. Not right now right now but starting to buy the dips as they occur for accumulation and not just short term gains. I am buckling in for the longer monthly haul rather than the weekly. The market does look primed for a drop coming up which is the time to start DCA(dollar cost averaging) in.

In my previous chart, I had shown a pattern which stuck about 40% or so to what actually happened. The drop was shown towards the end but it just seems a bit stretched out is all.

The drop is coming. What are your plans? Lets start with planning to plan and go from there? Sounds great!!
Lemme know what you guys think will happen and your strategies for such! Agreements and disagreements welcome :)
OUTS
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