[BTC] THE GRANDE BITCOIN FINALE! 50K OR 1K - PART 7 - SIDEWAYS
Hello and Welcome my trading loving friends,
I just wanted to share a theory/scenario of the medium-term future of BTC that I have been thinking about for days/weeks now.
I know my BTC pretty much in and out by now. I dont think BTC can surprise me any more. I have seen it all. Many times, over and over. Same shit the market "owners" throw at us every year in new wrapping! Like they can fool us! At least not me anymore!
Not so much to say. I have drawn all there is to say on the chart and indicators.
This scenario becomes closer to reality for every day there goes.
If BTC dont dump within a week we must be playing out this scenario i'm thinking right now on just 4 hours sleep.
The EMA 55 + EMA 21 crossing on the daily is the death sentence since 2017.
But if that does not play out BTC must be taking a "round" more of sideways.
Sideways is bearish for this long. But easy to trade the ranges seen on the chart for a few months more.
Just long the bottom line and short the top line basically :) (easier said than done with Margin I know)
Have a lovely day and remember, always be learning! No matter the age. You start dying slowly the day you stop learning and improving as a human-being.
Good Night from me.
- Please tell me your thoughts about this scenario.
Confucius_The_Great
I just wanted to share a theory/scenario of the medium-term future of BTC that I have been thinking about for days/weeks now.
I know my BTC pretty much in and out by now. I dont think BTC can surprise me any more. I have seen it all. Many times, over and over. Same shit the market "owners" throw at us every year in new wrapping! Like they can fool us! At least not me anymore!
Not so much to say. I have drawn all there is to say on the chart and indicators.
This scenario becomes closer to reality for every day there goes.
If BTC dont dump within a week we must be playing out this scenario i'm thinking right now on just 4 hours sleep.
The EMA 55 + EMA 21 crossing on the daily is the death sentence since 2017.
But if that does not play out BTC must be taking a "round" more of sideways.
Sideways is bearish for this long. But easy to trade the ranges seen on the chart for a few months more.
Just long the bottom line and short the top line basically :) (easier said than done with Margin I know)
Have a lovely day and remember, always be learning! No matter the age. You start dying slowly the day you stop learning and improving as a human-being.
Good Night from me.
- Please tell me your thoughts about this scenario.
Confucius_The_Great
Comment:
Oh btw, if this ends up being played out....You can start calling me Sensai from that point on haha. The Black Belt of BTC predictions =)
Comment:
Thank god that it, for now, did not become a reality. I would fear the death of btc if we had seen another dump to the 5k region.