Read on Twitter
My thoughts on $BTCUSD for the longterm. Monthly close is important here. I feel a lot of people are thinking halving means price has to go up. I think we dump into it, bounce at 6.5k or lower around 4.8k. Zooming out makes things much easier $BTC
Of course after I post the chart above, $BTC dumps hard
Although 2W candle doesn't close till Sunday 3/2, it appears this is playing out. I'm not short, I'm just looking for a good spot to long at this point. There is so much more upside when longing vs shorting (max upside w/out lev on short is 99%, vs unlimited w/ long)
$BTCUSD
$BTCUSD
Wow $BTC is moving real quick towards my target area. I still think we continue to dump into the halving, shake out all the bulls before we bounce off a capitulation low somewhere between $6.5k & $4.8k
$BTCUSD
$BTCUSD
Huge monthly close here in the next hour & 40 mins. This is what people need to be watching, not intraday charts getting caught up in 1% moves
$BTCUSD monthly close, points to a painful weeks ahead for those fighting the trend. I still stand by this. I will look to long as price approaches 6500, but most like 4800-5000. I think that will bring the most pain for many who think it’s impossible to go below 6k now
$BTCUSD still playing out my thoughts. I’ll see you guys at $4800 in early May for a levered Long. Most people will capitulate when we break $6500 & then all the bearish charts will point to $BTC going to Zero then we will face melt upwards & begin the march to breaking $20k
This is moving so fast to my target. May be there by end of March. Get ready to #BTFD bois! 
$BTC $BTCUSD
$BTC $BTCUSD
Update on $BTCUSD.
I had a phenomenal low leverage entry on this & took profit like a jackass. But it’s just another lesson learned.
The longer I spend in the trading game the more I realize less is more & if I can make 2-3 good trades a year I can tell everyone to fook off
I had a phenomenal low leverage entry on this & took profit like a jackass. But it’s just another lesson learned.
The longer I spend in the trading game the more I realize less is more & if I can make 2-3 good trades a year I can tell everyone to fook off
Instead of just not opening the exchange like I’ve been doing with my current swing setups. I hawked over my position.
I don’t think it helped that this was the beginning of the quarantine. But nonetheless I knew better to just let it rip.
I don’t think it helped that this was the beginning of the quarantine. But nonetheless I knew better to just let it rip.
This was a painful lesson I had in early 2019 where I longed 3350 only to hit TP 3750 & then watch BTC run to $14k in the next 4 months. That one trade would’ve been more than enough. Again. Less is more. Overtrading is the easiest way to kill your account.
I’ve been guilty of overtrading in the past. It’s easy cuz there is a huge rush to making a quick 4/5 figure trade.
The big problem I found is I’m never happy w/ day trading & always want more money. Find myself giving money back to the mkt.
The big problem I found is I’m never happy w/ day trading & always want more money. Find myself giving money back to the mkt.
Watching only the monthly close. If we close above $10k, get your popcorn. Sit back. Because we’re only 1 more monthly stick away fro. Retesting $20k
$BTC $BTCUSD
$BTC $BTCUSD
Looking at all the monthly closes on $BTC, $64XX looks like it’s in play here in the next 2-6 weeks. Stonks getting overheated. I think it’s about time we reverse everything on everyone again. Wouldn’t be surprised by $5XXX either
