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Tale of the Two Necklines! #Btc
Bitcoin
Short
Tale of the Two Necklines! #Btc
By BallaJi
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Updated
Jan 1
3
Apr 22, 2022
Markets take more than they give.
Can you survive what lower prices would do to your Mentality and portfolio
The reasons are unknown why prices are rejecting at these key levels
Clearly lack of appetite or belief at these levels, of the use case of Inflation protection.
But if regular people like me can see the weakness... then it only feeds on itself
To bring us down to more palatable levels where the opportunity outweighs the risks.
Simple as it may sound.
A 6X from 16k to 100K is more enticing than a 2.5X.
Jan 1
Trade closed: target reached
Both $16,000
and $100,000
Price objectives were met.
Bitcoin (Cryptocurrency)
BTC
BTCUSD
Chart Patterns
Fundamental Analysis
Trend Analysis
BallaJi
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