Important notes before kicking things off:
The following content is not trading advice! It´s only my thoughts and feelings about the market. Make sure to be ok with the fact that all actions are based on your own decisions and no one else is forcing you to do so. Always, and especially if you lose money!
"Flip Flops - check. Coconut oil - check. Corona blocker - check."
Right now, Bitcoin is preparing to party hard at Halving Moon Party on Koh Phangan. While packing, it won´t move much but rather float along the orange/blue 20 week MA, trying to hold it as support. (Which would be incredible news for Ethereum btw)
The party will start a couple of weeks before the halving as media attention will rise significantly. The target is above 14k to mark an important new higher high on our way up.
See you at the party my friends!
The following content is not trading advice! It´s only my thoughts and feelings about the market. Make sure to be ok with the fact that all actions are based on your own decisions and no one else is forcing you to do so. Always, and especially if you lose money!
"Flip Flops - check. Coconut oil - check. Corona blocker - check."
Right now, Bitcoin is preparing to party hard at Halving Moon Party on Koh Phangan. While packing, it won´t move much but rather float along the orange/blue 20 week MA, trying to hold it as support. (Which would be incredible news for Ethereum btw)
The party will start a couple of weeks before the halving as media attention will rise significantly. The target is above 14k to mark an important new higher high on our way up.
See you at the party my friends!
Comment:
Absolutely no reason to worry about price, guys.. A retracement is perfectly fine after a such a move in early January. The longer we go sideways, the better!