Sorry for the clickbait headline, it just came over me (:
Now, to me it seems like we're in the beginning of the third phase of this all, which necessitates a certain amount of "price negotiation". To be clear the past is no reliable forecaster, but there are patterns and cycles and they are usually sort of the same. So, I am eying a retest of previous important price points here, i.e. ~ $10300, or ~ $9800 — and i'm patiently waiting to see how these levels are going to be defended. In my mind we will probably just wick down, get a sh** ton of liquidations and then shoot right back up. Who knows, right?
But one thing that is absolutely crucial to take away from all of this is this: The next time we take out 112K and have several solid closes in a row above that level, the. game. is. on. and it will be beautiful and terrifying and an absolute roller coaster ride that will transform into a spaceship that'll take us straight to the sweet sweet heavenly gates of 6-figure BTC prices.
Imagine catching that next bottom at 50K and looking back like damn ...
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.