BitcoinShort
Bitcoin Break-out? or some pain first?
for some fun, and as we seem to be in this bull market I thought i would post some of my own tthoughts. this is not to align with our strategy. its purely my personal opinions. so if anything do the complete oposition as in most cases , even from so say experts, these opinions mean nothing and prove nothing. ITS JUST FOR FUN.
Anyway, I feel the market might do a bit of a pullback here, touching on the 100,000 for bitcoin. when a key level is expected, it will hit for sure its like a magnet, but there has to be some pain and take out the greed before its hit. So based on this I would expect some sharp pull back before we break. normal key big levels get touched 2 or 3 times before breaking out. three levels below each giving more pain
Anyway, I feel the market might do a bit of a pullback here, touching on the 100,000 for bitcoin. when a key level is expected, it will hit for sure its like a magnet, but there has to be some pain and take out the greed before its hit. So based on this I would expect some sharp pull back before we break. normal key big levels get touched 2 or 3 times before breaking out. three levels below each giving more pain
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