I'm very happy for all those that have made bank during this immense run. I do believe what goes up must go down. I am sat here trying to back test, analyse, dissect and process new territory to make me a better trader, I am not short or long in bitcoin .
Something interesting I have found here...The first blue box is from the the first ATH to the next lowest point...The second box is at the most recent ATH and the bottom of the box takes us to the trendline...coincidence or 30k next??? who knows... Bitcoin bear with tears in his eyes. A close below 25k on the weekly would be a sign of market reversal for me.
The reason I am not long is because I do not believe in BTC and why would anyone want to buy at ATH
Merry xmas all!
Something interesting I have found here...The first blue box is from the the first ATH to the next lowest point...The second box is at the most recent ATH and the bottom of the box takes us to the trendline...coincidence or 30k next??? who knows... Bitcoin bear with tears in his eyes. A close below 25k on the weekly would be a sign of market reversal for me.
The reason I am not long is because I do not believe in BTC and why would anyone want to buy at ATH
Merry xmas all!