Something to look for if Bitcoin starts pulling back.
I believe our options are limited here. Either it goes up only, no pullbacks only horizontal cooldowns. Or we do this and just pray that the next move will be bullish consolidation and not the opposite.
I believe our options are limited here. Either it goes up only, no pullbacks only horizontal cooldowns. Or we do this and just pray that the next move will be bullish consolidation and not the opposite.
코멘트:
코멘트:
I've been talking about accumulation for months. But what you see above is bait for both sides. Be careful with your bear market bottom calls for now.
코멘트:
코멘트:
What I see is, the average trader has recognized the accumulation but he is trading it incorrectly right now.
코멘트:
Early movers already topped nicely. Some have still job to do. Eiffel Tower makes sense. Trap with every step.
코멘트:
I'm sure some bulls are hoping to see this which may be the case. But that's just going to end worse in the end.
코멘트:
At this point the higher is not better it's worse. Unless you have some crazy crazy narrative to support such craziness.
코멘트:
Still waiting for this kind of hunt.
코멘트:
Imagine.
코멘트:
It's starting to look like bullish consolidation imo. Maybe the bubble will grow.
코멘트:
I'm starting to take this possibility seriously.
코멘트:
Now it's ugly.
코멘트:
Honestly this is screaming dump :D But we'll see.
코멘트:
S/R like this always makes me uncomfortable about a trend change I wanna see clearance. But the market doesn't have to anything anyway.
코멘트:
This should go down very soon imo.
코멘트:
It might be this easy because shorting BTC was too hard for too long... in a bear market :D
코멘트:
Feels like BTC still needs to convince more people that it's going up, doesn't it?