BitcoinLong
ridethepig | The Capitulation
Updated
📌 ridethepig | The Capitulation
Very little to update after a quiet European and NY play. Buyers are clearly in the superior position, as you all know, just a matter of time before we get the capitulation let now.
A very quick leg towards $57,000 is in play, we have the open ladder after clearing 161.8% extensions and our enemy is without a shield. This is getting embarrassing for sellers.
Depending on the decisiveness of the breakthrough in the swing, it can allow us to start moving our scope to six figures. Satoshi understood money over IP, he understood inelastic supply, he knew not to touch the wallet while outguessing the societal move towards a post trust world... a true genius. For those who haven't had the chance I would highly recommend digging into the old emails / forum posts.
Thanks as usual for keeping the feedback coming 👍 or 👎
Very little to update after a quiet European and NY play. Buyers are clearly in the superior position, as you all know, just a matter of time before we get the capitulation let now.
A very quick leg towards $57,000 is in play, we have the open ladder after clearing 161.8% extensions and our enemy is without a shield. This is getting embarrassing for sellers.
Depending on the decisiveness of the breakthrough in the swing, it can allow us to start moving our scope to six figures. Satoshi understood money over IP, he understood inelastic supply, he knew not to touch the wallet while outguessing the societal move towards a post trust world... a true genius. For those who haven't had the chance I would highly recommend digging into the old emails / forum posts.
Thanks as usual for keeping the feedback coming 👍 or 👎
Note
Trade closed: target reached
and I will take that!Note
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