Short

Bitcoin $5k

Updated

Putting it out into the universe what I have been telling friends (much to their dismay): I'm targeting Bitcoin to 5k. A lot of people have been buying at 10k and saying they want to buy at 8k. The goal of the market is to make the biggest fools out of the most people so I think it will blow through them down to a point no one thinks it can get. Then it will go up. 5k is a good technical level and it is also aligned with Bitcoin's history of blowoffs from tops which is around 70%.

Trade active

Still scalping it. Holding shorts, hedging with quick up move scalps by taking profit.

Note

....and we're here!

norok

"Be to others the person you needed to meet 10 years ago"

Discord Trading Community: discord.gg/eDfhKvS5AC
Youtube: youtube.com/c/NoroksNotepad
Twitter: twitter.com/noroktrade

Also on:

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.