Here is a little idea for the end of this wave. It needs to be quick and scary. Like a true bull run scare.
Note
Last leg before the last leg actually imo but I meant lower degree last leg.Note
Nothing for the bears? :D Honestly I still can't see anything to be bearish on the chart.Note
Quick and scary - CheckedA bit lower than expected. Still fine.
Trade active
I entered a trade ~40.8 stop ~39.2. Will update if it works.Trade closed manually
I just closed @41k. Too much slow pressure. I've been struggling to understand Bitcoin PA lately. Better wait for more HTF structure.Note
People say people are too bullish. I don't see it tbh. Maybe it's just me but what I see is people comparing this run to old cycles and saying huge correction is coming before halving. Others that say it goes down after a deviation. Idk if it's just me seeing this or is this really becoming the crowded trade. I believe we are at that point to punish that crowd believing "this is just like the old cycles". I can't see the path but this is my feeling.Note
Yeah I should have keep that and have the doubt around 42.5-43k :D I guess it was just too speculative for me.Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.