morning,
as btc moves higher and higher out of this range, a bull case surfaces out of the woods.
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If a bottom has been put in, (big if), then we are likely beginning a large 5 wave impulse to the upside.
that impulse would have us coming up above 200k.
it won't go in a straight line, and there will be plenty of opportunity along the way to jump in, so there really is no need to fomo.
my plan, if this continues to develop, would be to patiently allow the first wave to complete, and grab some longs on the wave 2 pull back 💸
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ps. to me, it really doesn't matter which way the market goes, we made a lot of money on the way down, and if it wants to start moving up, we'll easily make even more money on the way up.
ps.2 just know; i'm not saying this is what is going to happen - just an argument against the bear case as of this moment. there is no single path in the market, so expect the unexpected and be ready for any outcome.
best of luck!
as btc moves higher and higher out of this range, a bull case surfaces out of the woods.
---
If a bottom has been put in, (big if), then we are likely beginning a large 5 wave impulse to the upside.
that impulse would have us coming up above 200k.
it won't go in a straight line, and there will be plenty of opportunity along the way to jump in, so there really is no need to fomo.
my plan, if this continues to develop, would be to patiently allow the first wave to complete, and grab some longs on the wave 2 pull back 💸
---
ps. to me, it really doesn't matter which way the market goes, we made a lot of money on the way down, and if it wants to start moving up, we'll easily make even more money on the way up.
ps.2 just know; i'm not saying this is what is going to happen - just an argument against the bear case as of this moment. there is no single path in the market, so expect the unexpected and be ready for any outcome.
best of luck!
Note
Full disclosure btw,I'm short btc.
i only share a tiny fragment of my ideas on this platform. to view my daily work, join the lunar syndicate 9 👇
Disclaimer
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.
i only share a tiny fragment of my ideas on this platform. to view my daily work, join the lunar syndicate 9 👇
Disclaimer
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.