bought an intra-day dip 1.5x Leverage 5.3 RR
second reshort range expansion 2 RR 0.35x Leverage
short to 5800 till end of year 10 RR 0.6x Leverage
A logarithmic model for long-term price action based on the mathematically limited supply of the asset. Short-term target at 666K BTC/USD by 2028 The target for the market cap is around 85tn in inflation-adjusted USD by 2060. From then on price will continue rising mostly to correct for further USD inflation and might reach nominal prices of around 100m BTC/USD...
bounce back to mean 1.6 RR 0.35x Leverage
mean reversion trade based on analysis from higher time frames
EASY MONEY BUBBLE will resolve towards price levels from the year 1990
central banks are keeping the zombie financial system alive through intracardiac adrenaline injections all bubble boys will go broke or tired of calling recession then when 50% of economists start saying "recession is over" the real recession will hit SO: more all time highs till 2022 and then death by a thousand cuts (i.e. mini flash crashes) till 2028
we are not in a bearish descending triangle but rather in a symmetrical one which is a continuation pattern. (i.e. continuation of the uptrend!) breakout expected in November
Similar to "Livermore's Speculative Chart" from 1930