ROAD TO 5k; Bulls are losing, slowly.
TL;DR USD > BTC Untill 5k.
Forget elliot waves. Forget the rules. 1 thing to remember. This road to 5k is dangerous, slow paced, tricky and deceiving.
Remember the frog ?
"The boiling frog is a fable describing a frog being slowly boiled alive. The premise is that if a frog is put suddenly into boiling water, it will jump out, but if the frog is put in tepid water which is then brought to a boil slowly, it will not perceive the danger and will be cooked to death."
Frog is you.
You are uninformed.
The guy who sold BTC @15k to newcomers in december is the guy who is going to buy your BTCs when dip happens and you feel miserable and just want out. The cycles continues. They will live, you will die.
Short term bias : Bearish
Today it's official that in short term, bulls are losing. More resistances than supports in this price leve now and first stop is 8k.
Will update as i treat my dollars as i did with my BTCs when it was bullish.
Forget elliot waves. Forget the rules. 1 thing to remember. This road to 5k is dangerous, slow paced, tricky and deceiving.
Remember the frog ?
"The boiling frog is a fable describing a frog being slowly boiled alive. The premise is that if a frog is put suddenly into boiling water, it will jump out, but if the frog is put in tepid water which is then brought to a boil slowly, it will not perceive the danger and will be cooked to death."
Frog is you.
You are uninformed.
The guy who sold BTC @15k to newcomers in december is the guy who is going to buy your BTCs when dip happens and you feel miserable and just want out. The cycles continues. They will live, you will die.
Short term bias : Bearish
Today it's official that in short term, bulls are losing. More resistances than supports in this price leve now and first stop is 8k.
Will update as i treat my dollars as i did with my BTCs when it was bullish.
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