Bitcoin - Zones to watch for a pullback

20 Kas 2017

Well, I was wrong in thinking this was just a bounce - and it's turned out to be a rally to all time highs. So, we have to re-adjust our thesis to the current market conditions, and move on. I don't like chasing candles, and so I haven't fomo'd into BTC yet - I like to buy on the corrections, when there is blood and fear all round. It is in these situations that sellers tend to give the best "deals", as a result of their emotions. Buying into hype is risky, in my opinion, as the opposite happens - buyers overvalue the asset because of their emotions. I'm being patient here. I'm watching these zones for a bounce.

20 Kas 2017

Not

NOTE: If there is no pullback here, it is very likely we will be on our way to $10-12k, and I will make a chart accordingly. Let's first see how this pans out

25 Kas 2017

Not

fuck me, Bitcoin. slow down bro

25 Kas 2017

Not

I guess we go to 10-12k. Good luck