BitcoinShort
BTC Bear situation
Updated
Overall we are looking very bearish, the whole market is talking about the worst and we have everyone getting to the point of walking away.
I am ready for this cycle to end and have my shorts and bags ready to buy when the accelerated selling happens.
Order of sells (strong support levels) Look for bounces:
7200
6600
6000
5600
Final bounces
4900
4300
If it breaks here, we wont have enough fiat to buy.
Long term I see this market returning to over a 1trillion dollar mcap by the end of the year and this bear cycle is giving you the opportunity of a lifetime.
Understand how markets work, and notice that this fall was bound to happen with the aggressive bull trend we had last year. This is where the impatient money sells into the proper hands, and where life changing positions are made.
I am ready for this cycle to end and have my shorts and bags ready to buy when the accelerated selling happens.
Order of sells (strong support levels) Look for bounces:
7200
6600
6000
5600
Final bounces
4900
4300
If it breaks here, we wont have enough fiat to buy.
Long term I see this market returning to over a 1trillion dollar mcap by the end of the year and this bear cycle is giving you the opportunity of a lifetime.
Understand how markets work, and notice that this fall was bound to happen with the aggressive bull trend we had last year. This is where the impatient money sells into the proper hands, and where life changing positions are made.
Note
checking the bouncing, like clock work.Note
weeeeeNote
5600 waitingTrade active
DCA Back in <5k longer term positions.
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