Don't shoot the messenger! 1ST FUD TO FOMO
Updated
twitter.com/a1mTarabichi/status/1205535313151451138?s=20
twitter.com/a1mTarabichi/status/1210315341810798598
I always am hesitant, with extreme reluctance, when it comes to making bearish publications but the fact of the matter remains just because it's not something you want to hear doesn't make it any less true.
I've been calling for a 6-8K drop check my twitter for confirmation since we first crossed 10.6K (a quintessential key resistance) which is also highlighted in the publication I'm revealing right now.
Nobody wanted to hear it; the fact remained that BTCUSD was oversold, even wish hashrates at an all time high and the halving est to occur by Q220.
So on this publication -- we are set to drop to 6.4K OR see a parabolic surge to 8.2K. I know that's not saying much... "it'll either go down or up" but I have provided a slew of horizontals to give any traders/HODLers an idea as to which figures you should be fixated on and which you shouldn't -- with the green horizontals representing TP targets, blue horizontals representing R1S1/R1S2 pivots & lastly, the yellow horizontals representing R2S1/S2 resistance thresholds figures needed to cross in order to break through to the next major green horizontal which are the key resistance points; as follows, the following figures are "pit stops" & as I recite them some of these figures should sound very familiar to you OGs who've been trading crypto >4Qs) with the pivotal key resistance numbers @:
OBV. the $7180 resistance we've been stuck at for some time, with the next major being $8.258, followed by $9550 then 10.6k, 11.2K, (skip a few to the most important number of all, the key trading price which we've been anxiously awaiting since Q417) the dreaded: 13.6k RESISTANCE -- why is this so important?
You've heard the 13.6k figure tossed around if you've done some research, and if you haven't heard that number before than I suggest you do some research; for you are severely lacking it!
13.6k is the single most imperative resistance threshold for us as HODLers as it is the ceiling effect on EVERY PARABOLIC RUN we've had SINCE OUR ATH IN Q1/2 OF 2018 BEFORE CRYPTOWINTER! meaning...we have YET TO CROSS THIS RESISTANCE A SINGLE TIME SINCE THE BIRTH OF BTC IN 2009, WITH THE EXCEPTION OF ONCE & ONCE ONLY....WHICH THEN SPRUNG US INTO LIFTOFF STRAIGHT TO OUR 22KISH ATH.
Now i'm not saying that's going to be happen again if (more like WHEN) we cross 13.6K; legislative restrictions, stablecoins, a clamping down on blockchaintech by regulators has prevented the pump & dump phenomena that allowed for the world's most valuable asset to essentially double in value over the course of 72 hours. Most people don't realize this, but over 1/3 a trillion was added to the global coinmarketcap in the span of 90 hours & in less than 1/2 a Q later, it was all taken out -- leaving a gaping wound that never healed, a scab that would constantly be picked at everytime we dared to challenge a higher high (dreading us into the 5 consecutive quarters of bearish hibernation priceaction) aka cryptowinter.
So with that being said; if you're a HODLER -- keep doing what you've always been doing & HODL! It's not much longer..if you've waited this long, it would be foolish to liquidate a mere inches from your goalpost.
If you're forex swing trading -- I'd recommend pairing only against USDT/USDC or other USD fiat stablecoins --- its simply too volatile a market to determine other pairings.
Set your main stop loss for BTC @ 6415.8 & stay tuned for further updates!
twitter.com/a1mTarabichi/status/1210315341810798598
I always am hesitant, with extreme reluctance, when it comes to making bearish publications but the fact of the matter remains just because it's not something you want to hear doesn't make it any less true.
I've been calling for a 6-8K drop check my twitter for confirmation since we first crossed 10.6K (a quintessential key resistance) which is also highlighted in the publication I'm revealing right now.
Nobody wanted to hear it; the fact remained that BTCUSD was oversold, even wish hashrates at an all time high and the halving est to occur by Q220.
So on this publication -- we are set to drop to 6.4K OR see a parabolic surge to 8.2K. I know that's not saying much... "it'll either go down or up" but I have provided a slew of horizontals to give any traders/HODLers an idea as to which figures you should be fixated on and which you shouldn't -- with the green horizontals representing TP targets, blue horizontals representing R1S1/R1S2 pivots & lastly, the yellow horizontals representing R2S1/S2 resistance thresholds figures needed to cross in order to break through to the next major green horizontal which are the key resistance points; as follows, the following figures are "pit stops" & as I recite them some of these figures should sound very familiar to you OGs who've been trading crypto >4Qs) with the pivotal key resistance numbers @:
OBV. the $7180 resistance we've been stuck at for some time, with the next major being $8.258, followed by $9550 then 10.6k, 11.2K, (skip a few to the most important number of all, the key trading price which we've been anxiously awaiting since Q417) the dreaded: 13.6k RESISTANCE -- why is this so important?
You've heard the 13.6k figure tossed around if you've done some research, and if you haven't heard that number before than I suggest you do some research; for you are severely lacking it!
13.6k is the single most imperative resistance threshold for us as HODLers as it is the ceiling effect on EVERY PARABOLIC RUN we've had SINCE OUR ATH IN Q1/2 OF 2018 BEFORE CRYPTOWINTER! meaning...we have YET TO CROSS THIS RESISTANCE A SINGLE TIME SINCE THE BIRTH OF BTC IN 2009, WITH THE EXCEPTION OF ONCE & ONCE ONLY....WHICH THEN SPRUNG US INTO LIFTOFF STRAIGHT TO OUR 22KISH ATH.
Now i'm not saying that's going to be happen again if (more like WHEN) we cross 13.6K; legislative restrictions, stablecoins, a clamping down on blockchaintech by regulators has prevented the pump & dump phenomena that allowed for the world's most valuable asset to essentially double in value over the course of 72 hours. Most people don't realize this, but over 1/3 a trillion was added to the global coinmarketcap in the span of 90 hours & in less than 1/2 a Q later, it was all taken out -- leaving a gaping wound that never healed, a scab that would constantly be picked at everytime we dared to challenge a higher high (dreading us into the 5 consecutive quarters of bearish hibernation priceaction) aka cryptowinter.
- So what's my two cents? it's no coincidence that the BTC halving coincides with the massive historic bullrun of '17. IMO by the end of Q12020 is when we'll see this bullrun in REAL effect, not these false alarms / calls from short bursts & untimely premature (probably in bed too) whales.
So with that being said; if you're a HODLER -- keep doing what you've always been doing & HODL! It's not much longer..if you've waited this long, it would be foolish to liquidate a mere inches from your goalpost.
If you're forex swing trading -- I'd recommend pairing only against USDT/USDC or other USD fiat stablecoins --- its simply too volatile a market to determine other pairings.
Set your main stop loss for BTC @ 6415.8 & stay tuned for further updates!
- Merry Christmas, Happy Holidays & New Years!
- DISCLAIMER Not Financial Advise.
Trade closed: stop reached
It was most definitely a good effort on behalf of the community but after failing to re-test and cross the ceiling resistance threshold necessary it’s unfortunate for me to have to say this but we are going down toward the 6K R2S1 it seems but the reason I’m not stressing isn’t cause it’s New Year’s Eve but moreso cause I take solace in the fact that Another selloff means another opportunity to accumulate coins and stack Sats and that parabolic surge is coming it is just making another pit stop on the way :)If anything we are seeing healthy organic price action and this is a phenomenal thing compared to what the markets were like this day two years ago with BTCUSD surging Over $12,000 in just over 72 hours was not a good sign unless you were lucky enough to buy at the breakout and sell at the apex but I’m sure Anybody that told you that is bullshitting them selves because we all lost money just like we all got rich easy come easy go
C’EST LA VIE!
Disclaimer
If this was financial advice, which it isn’t, would you listen anyway??
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