Death to All retail Traders.

17 de fev. de 2018

Okay community of crypto, many of you are excited about the last uptrend we are seeing in Bitcoin. However if 5800 was the bottom wouldn't you expect higher volume; Major investors putting skin the game? What a great opportunity with the projection of bitcoin to 35k - 50k. The reason is we are still not finish I cannot maintain bias towards one spectrum of the market if we break about 14,000k I would be convinced correction is over. I have to side with that being unlikely. On the weekly chart we have an engulfing candle stick with low volume. I understand many traders will be caught by greed trying to catch the top and the bottom. (think in terms of R:R you are risking .027) This is how most retail traders go back to their 9-5 jobs you blow up your whole portfolio going long with no confirmation pure emotion. If we break about 14,000 with strong volume coming in I am a bull for now its still too much risk to go long term.