I have deleted all prior notes. I am debating on taking a short around this area and adding to it if we pop up to the .886 FIB. 3x-5x leverage... AVERAGE IN!!!
Keep in mind the Futures gap between
$19,995 & $20,950.00 has yet to be filled. As I was saying in the VIP chat we would likely see this pump one more time before pulling back, we actually might not make it all the way back down to that $18,404.37 prior resistance to confirm it as support.
Last thing, in 2019 after BTC had bottomed, the price started moving similarly to what is currently happening. Green Dildo's with low volume... but, don't let the bears fool you into being convinced this is a major bull trap and point to the lack of volume as pure proof. Fact is, there is about 80%-90% less crypto on exchanges, making lessor volume make bigger moves. Simply put, supply vs demand.
Keep in mind, we will be up to 28k within the next month or so, filling that other Futures Gap up top there. Its been stressful being basically 1 of 2 traders who have been bullish in a forest FULL OF BIG BAD BEARS!!!
01/20/23
5:26 p.m. Est