Long time no upload!
So the shorts I was tinkering around with all got stopped out, BTC swept me up with 53k pump, then chose to dump. Lesson = shorting a pumping BTC is like lion taming.
Sucks but oh well, ALTS have been giving fantastic opportunities off this BTC price action so I'm not complaining!
BTC got over leveraged and had some cascading liquidations bringing us to where we are now. IMO it still looks bearish, I feel price wants to find the bottom of this range before it gets bullish again.
I'm looking at 42.5k and 41k to take some spot.
ROUGH PREDICTION = I'm tipping 41k is this range low, I think we need to test this area to see exactly what this recent trend is made of.
=== TimeStamps ===
0:00 = Welcome
0:30 = BTC 1 day
1:40 = Huobi tanked to 40k?!
2:00 = My shorts got stopped
3:30 = 1W now vs 1W 2017
5:40 = Where is major support?
10:00 = DOT / SOL / AVAX
12:00 = ETH vs BTC 2017
14:00 = why does avax pump?
15:30 = why no moon for LIT
18:00 = Repetition of what I been saying hehe
19:30 = Closing words
------------------
NOT FINANCIAL ADVICE, please don't trade off solely my ideas. Always do your own TA and develop your own convictions.
So the shorts I was tinkering around with all got stopped out, BTC swept me up with 53k pump, then chose to dump. Lesson = shorting a pumping BTC is like lion taming.
Sucks but oh well, ALTS have been giving fantastic opportunities off this BTC price action so I'm not complaining!
BTC got over leveraged and had some cascading liquidations bringing us to where we are now. IMO it still looks bearish, I feel price wants to find the bottom of this range before it gets bullish again.
I'm looking at 42.5k and 41k to take some spot.
ROUGH PREDICTION = I'm tipping 41k is this range low, I think we need to test this area to see exactly what this recent trend is made of.
=== TimeStamps ===
0:00 = Welcome
0:30 = BTC 1 day
1:40 = Huobi tanked to 40k?!
2:00 = My shorts got stopped
3:30 = 1W now vs 1W 2017
5:40 = Where is major support?
10:00 = DOT / SOL / AVAX
12:00 = ETH vs BTC 2017
14:00 = why does avax pump?
15:30 = why no moon for LIT
18:00 = Repetition of what I been saying hehe
19:30 = Closing words
------------------
NOT FINANCIAL ADVICE, please don't trade off solely my ideas. Always do your own TA and develop your own convictions.
