In a bull market buy the dip. Traders forced out, price went to liquidity zone. After more consolidation I expect full retrace. Price always full retraces in a bull market. Buyers > sellers. This move down was buyers getting forced out, cascade type deal. It's hard to say for sure, so could have another low, though I wouldn't bet on it. If I were short I would...
Trend is still up, approaching heavy support. Options expire this week. High probability we bottom soon. This chart assumes support holds and we continue the bull market. Support is from 50k-45k, but safer to enter after price action is bullish instead of knife catching. Target is ~150-300k.
Bitcoin isn't finished yet. By the end of this year I expect over 100k prices. If you are long, it's okay as long as you don't get hurt by a move to ~42k (unlikely). 50k is where I think the bottom is. Remember. We got 36k -> 29k after miners started selling along with OG whales. Right now, buyers > sellers. This correction is temporary, the bull market is not over.
If someone who trades with 100 million is short, I can't be bullish. Sorry
The market is bullish. I don't think a dump will get much further than ~54k. Some big asks above us worth maybe ~30 million, but we've been clearing those for the past few days. For now, still more buyers than sellers, so price shouldn't stall for long other than to just make money off traders. 50k bitcoin is cheap if it goes to 60k in the next 10 days. I'm...
Posting this sleep deprived. If you zoom out, Bitcoin is still bullish. A 10% move now seems crazy but might not even show up on the weekly chart as anything more than a wick. The dangerous moment was at 30k, but those sellers are done. The rally goes on. Chart from a couple years back. Looking back at my old charts, I now have a much deeper...
I think this goes down, but it doesn't matter. We are right here because of big asks above us. At some point those will be cleared. Don't know if there will be a small dump here or not, but the dump should fully retrace. There is a high amount of reward for a small amount of risk.
Bounce is very likely. I would say ~47k from here.
Shorting some doge. I think after this dump it goes to all time highs but it will depend on how low this goes. Low chance this holds so I shorted. Not much liquidity on mex so I might face 1% slippage if I get stopped. I think the doge rally can still go on. This is what I predict will happen.
Buy the dip. I have a nice position that I will add to if the market proves me right. So far it is, adding right here. Ideal dump is 35k. I get out if 32k breached. I target ATHs. The bottom was formed. I am 80% sure. Same vibes as 3k bottom a couple years back. Resistance mostly gone. Only buyers remain. The future price will not stay this low. I THINK THIS...
I SUPPORT THE WSB CAUSE, BUT this will end badly. Can you not see the amount of BS being posted on the WSB subreddit? People who have no experience trading (and admit it) are being upvoted to top comment. This is like the sheep leading the sheep, the same way the bitcoin subreddit was at 20k, all the while miners were dumping on their faces. (Source: CQ...