Well, I was wrong in thinking this was just a bounce - and it's turned out to be a rally to all time highs. So, we have to re-adjust our thesis to the current market conditions, and move on. I don't like chasing candles, and so I haven't fomo'd into BTC yet - I like to buy on the corrections, when there is blood and fear all round. It is in these situations that sellers tend to give the best "deals", as a result of their emotions. Buying into hype is risky, in my opinion, as the opposite happens - buyers overvalue the asset because of their emotions. I'm being patient here. I'm watching these zones for a bounce.
Note
NOTE: If there is no pullback here, it is very likely we will be on our way to $10-12k, and I will make a chart accordingly. Let's first see how this pans outNote
fuck me, Bitcoin. slow down broNote
I guess we go to 10-12k. Good luck
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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.