Short

BITCOIN - Touchy Feely Bouncy Fally

Updated

BTC having a bit of the 'ol touchy feely on the 200Dma and a bit of a tickle on the daily oversold RSI, so good chance we'll have a bit of the 'ol bouncy bouncy up to 50Dma or maybe it'll just fall like a rock. I've got some up and down arrows just like marcpmarkets and i've even coloured them in so everyone's a winner but who really cares a massive collapse is coming and BTC will see 20K.

Note

Good chance there will be a bounce coming soon but even so it might be a good time to start writing that "S2F - Where Did It All Go Wrong?" song in the style of Randy Marsh ready for release on your favourite platform over the coming months 😄.

Note

Looking to the right, my throw at the board is that it will be a 0.618 / 0.75 bouncy bouncy to tag the 50Dma before capitulation. That said, I dont know, its just an educated guess so I certainly won't be going long. I don't have the skill of look-left clowns (that have seemingly deserted my pages - thought they'd be buying the dip 🤔) that trade every regressive bump or divot with an endless perfection of hindsight trading.

dRends35

We're into the post FED interest rate cut blow off phase for risk on markets🥳.

I have many great deep value opportunities ❕

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