I see a lot of traders saying "our next resistance is 9.5K/10K...."
Here is why that's wrong.
This is not a BEAR MARKET RALLY. This is the INEVITABLE FINAL PUSH OUT OF THE CRYPTO ABYSS!!!
What does this MEAN? It means that "THIS TIME IS DIFFERENT" actually applies....it means if we were to JUST RIDE THE LINE...we hit 20K again EOY/JAN2020
BTC IS PUSHING AND BTC WILL WIN!!!!
Once BTC is back above this Red Line...we'll touch 10-11K and the long term LOG LINE WILL BE SUPPORT AT ~8900 and we will RIDE THE LINE UP TO THE MOON. How fast?...we can't know.
SUPPLY IS LIMITED. ETF MONEY NEEDS SUPPLY. FACEBOOK NEEDS SUPPLY.
"Bitcoin is Risky/SPECULATIVE"
(pre-2019)
"It's Risky to NOT HOLD BITCOIN"
-2019 and ON
The world is not what it used to be!
Enjoy the Show!
Here is why that's wrong.
This is not a BEAR MARKET RALLY. This is the INEVITABLE FINAL PUSH OUT OF THE CRYPTO ABYSS!!!
What does this MEAN? It means that "THIS TIME IS DIFFERENT" actually applies....it means if we were to JUST RIDE THE LINE...we hit 20K again EOY/JAN2020
BTC IS PUSHING AND BTC WILL WIN!!!!
Once BTC is back above this Red Line...we'll touch 10-11K and the long term LOG LINE WILL BE SUPPORT AT ~8900 and we will RIDE THE LINE UP TO THE MOON. How fast?...we can't know.
SUPPLY IS LIMITED. ETF MONEY NEEDS SUPPLY. FACEBOOK NEEDS SUPPLY.
"Bitcoin is Risky/SPECULATIVE"
(pre-2019)
"It's Risky to NOT HOLD BITCOIN"
-2019 and ON
The world is not what it used to be!
Enjoy the Show!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.