hi. we all ( even a 1-year old baby) know that we are in Bull market, for bitcoin as the big Leader and all altcoins.. but , who knows when the drop will start and what is the maximum ATH? can you control your mind only for an hour and think for possible big drop in bitcoin and price never ever hit its ATH ( ~ 56700 usd) again that happened already!? all indicators follow the channels , fibo and mostly moving average in different time frames,. but know one even the best TAs can't predict future, just ask your self why should Elon musk keep his bitcoin while he already made x2 profit , ( even over the profit of his company Tesla over a year) ?? you think Elon think about small traders/investors profit ? they just try to make money for their real-world projects.. nothing more.
so : 1-dont think that this market can keep going up for ever, ( while alot of indicators show us overbought which is strong bearish signal) 2-save your profit, and just let a little portion of your coins stay for future taking profit. 3-be sure that market will give you chance to enter at a price that for sure will be better than ATH prices .
what do you think? feel free to share with me your thinking
Trade ativo
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exactly BTC drop happend just after my call :)) i hope you also enjoy to see how its important to control your mental and think against all market trend ;)
ANYTHING is possible. We cannot predict the future, but here is what I am psychologically prepared for.
1. BTC extends higher after experiencing a very short, and sharp correction like the one in January and surges towards 100k by April. BTC tops out in April and the bull market comes to an end. BTC retraces down to $15 - 20k over a period of two years or so.
2. BTC begins a pull back to the 21 EMA, bounces off the 21 EMA to continue the bull market. Keep in mind, the 21 EMA has historically served as a line of defense for BTC.
3. BTC begins a pull back below the 21 EMA and violates "previous rules" - confusing everyone in the process.
I do believe that the whales are setting up to shake down the masses. CNBC sells BTC everyday and I have people in coffee shops who see me looking at charts telling me they just bought BTC. I SOLD ALL MINE THE DAY ELON TWEETED. Anyway, I believe that the whales do not want the average person to have faith in BTC. So, the best way to crush their faith is to get them high on hopium, then smash the price down, crushing their dreams in the process.
BitcoinMaster6012
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@JustJayChizza, nice description. history also tell us that people like Elon musk only think about their profit. and no-brain people say that: hey , look elon bought 1.5 B$ bitcoin at 42k, so it can go double to 80k , go go to buy,
and they never think that guys like Elon can have alot of consultant and he for sure bought bitcoin at alot lower price ...
JustJayChizza
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@BitcoinMaster6012, In the document, it was disclosed he bought at 32k. He's close to doubling his money. And yes, the no brained public believe that the billionaires are here to help them get rich too. smh.
Dan902839
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I panic sold everything today at 45k. Now I don’t know what to do lol. Any advice :)?
1. BTC extends higher after experiencing a very short, and sharp correction like the one in January and surges towards 100k by April. BTC tops out in April and the bull market comes to an end. BTC retraces down to $15 - 20k over a period of two years or so.
2. BTC begins a pull back to the 21 EMA, bounces off the 21 EMA to continue the bull market. Keep in mind, the 21 EMA has historically served as a line of defense for BTC.
3. BTC begins a pull back below the 21 EMA and violates "previous rules" - confusing everyone in the process.
I do believe that the whales are setting up to shake down the masses. CNBC sells BTC everyday and I have people in coffee shops who see me looking at charts telling me they just bought BTC. I SOLD ALL MINE THE DAY ELON TWEETED. Anyway, I believe that the whales do not want the average person to have faith in BTC. So, the best way to crush their faith is to get them high on hopium, then smash the price down, crushing their dreams in the process.