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can't believe Bitcoin has his the new freaking record high! it's $73K+
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$Bitcoin (BTC.CC)$ this will go nowhere until support breaks down. you only need about 3.5 trillion for 100K 🤣
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$Bitcoin (BTC.CC)$ expecting it to backtest back to 68k before another fall based on the 4 hr vs the daily
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Good morning everyone! I hope you are all well and have been enjoying your week in markets so far. I apologize for the lack of posts since the For Followers Give Back and Moo Contributor announcement. I am finishing up tax work, and have been busy with meetings, ect. I got some free time this morning so let's take a look at the charts.
Yeah, we gotta look at the charts for sureeee. We saw the rising wedge a while back, but this is a much larger move. Ho...
Yeah, we gotta look at the charts for sureeee. We saw the rising wedge a while back, but this is a much larger move. Ho...
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$Bitcoin (BTC.CC)$
if you look at charts for the second and third halving of Bitcoin we can see that before a halving event the price dropped between 40-50% at some point before reaching a new high. I wouldn't be surprised if the price keeps dropping to 40k-50k maybe lower and then a couple of weeks before or after halving ( we never can be sure) Bitcoin will reach ATH.
I advise you to sell your position if you can't hold for 1-2 months but again why are you ...
if you look at charts for the second and third halving of Bitcoin we can see that before a halving event the price dropped between 40-50% at some point before reaching a new high. I wouldn't be surprised if the price keeps dropping to 40k-50k maybe lower and then a couple of weeks before or after halving ( we never can be sure) Bitcoin will reach ATH.
I advise you to sell your position if you can't hold for 1-2 months but again why are you ...
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$Bitcoin (BTC.CC)$ I did say short at 70k correct? I don't mean short forever but the runup was too fast IMO. This pullback is good for bulls...running to all time highs before halving and staying up there would not have been good. Breathing is healthy
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$Bitcoin (BTC.CC)$ $2x Bitcoin Strategy ETF (BITX.US)$ Last weekend, I had a chat with a friend who's really famous for his "reverse" buy/sell intelligence. He said he would start buying bitcoins as they have raised for so much. I immediately felt glad I talked to him & dumped all my 2x Bitcoin ETF. He saved my life again!
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