Bitcoin 6K Confirmed ! (u are using the FIB wrong !!!)
Updated
The dump today didn't come as a surprise, well it didn't for me lol ;)
You see, the way I do my TA is different then the rest of the sheep.
Everyone knows that there are CME gaps to fill and those will get filled no matter what, but the fun part is, they are finessing everybody while doing it.
Everyone was bearish when bitcoin was at 9100, where is that energy now? The moment they change your bias will be the moment they will dump there bags.
But for the big guys to drop there bags they need liquidity, thats why the "lower high was broken" but did it really break ? no because there is a new lower high right now
Long live bitcoin right :)
You see, the way I do my TA is different then the rest of the sheep.
Everyone knows that there are CME gaps to fill and those will get filled no matter what, but the fun part is, they are finessing everybody while doing it.
Everyone was bearish when bitcoin was at 9100, where is that energy now? The moment they change your bias will be the moment they will dump there bags.
But for the big guys to drop there bags they need liquidity, thats why the "lower high was broken" but did it really break ? no because there is a new lower high right now
Long live bitcoin right :)
Note
Looks like it is starting to play out after all, as for part 1 of the drop.Don’t forget that I put myself out there with a risky TA while everyone was stating the obvious UPSIDE bias. :)
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.