BTC - Stepping Back
Updated
Taking a step back from all the short term ups and downs its looking like as long as we hold the 200 MA - which is a horizontal support level which also happens to be at the 0.835 level just as we did in the last spectacular bull run we will be fine.
It looks like the bottom has already been put in, or will be very shortly and probably not under 3k - Or, if it is it shouldn't be for long. Probably a short spike day through the 200 MA for a few days (I Hope).
I don't see
1K's like all of crypto Twitter is saying. Faaaar too many people now running around saying it like they've just known all along haha. Usually when everyone is saying something they are wrong. I believe this to be one of those cases. Usually if you are seeing something happen it's already too late to the game.....don't be a sheep.
Of course, I could be very wrong too and we could just fall straight through the 200 MA and not see above it for the next decade.....or ever....
Time will tell, but the magic fib level historically seems to be the 0.835 - and we're already there with a cross on the Stochastics to the upside....
Fingers crossed - But I'm all in...................... 100x YOLO BABY
Note
Also, Please don't mind how the chart looks like complete ass with the indicators.Forgot that TV doesn't allow viewers to hide them.
But I'm sure if you look past this cluttered looking mess you'll find my perspective.
The names Bond.....James (Friggin') Bond.
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