Let's get the legal stuff out of the way. Special thanks to Sesame Street for the use of the letters "M" and "W", and Warner Brothers Entertainment for any references I make that some might purport to be included in the movie "Matrix Reloaded", and lastly, to the Chicago Bears and the National Football League for my gratuitous use of the terms Bears, Da Bears, and Ursus Arctos Horribilis. Also, this is clearly NOT financial advice and if deemed to be such, that's because you're an idiot.
Now without further ado: Welcome to the Bitcoin Challenge 2. The Revenge of the Bears. Not wanting to leave our furry little friends out of the fun we're all having (by that I mean all six of us, including me), and to avoid any potential lawsuits alleging discrimination against said Ursus Arctos Horribilis, I've come up with something that should satisfy everyone on both sides of the fence. An impossible task, which has two possible answers, which both are seemingly happening at the same time. Schrodinger's Cat anyone? But here the Bears can answer too. Feel better guys? You suck by the way. Sorry, the Bulls made me say that...
This bullshit (no pun intended) has been going on for longer than you know. I prefer counting from the emergence of one integral anomaly to the emergence of the next, in which case this will be the sixth (See: "Welcome to the Bitcoin Challenge"). As you may be undoubtedly gathering, the anomaly is systemic, creating fluctuations in even the most simplistic of BTC charts. The problem however, is choice.
So, is it an "M" that's forming (cue Bears, stage left), or is it a "W"? (See: "Welcome to the Bitcoin Challenge"). The way I see it, "Da Bears" got another $7,950 or so to go. Then the party is OVER for you guys. But if your smart, you'll be a switch hitter like me. Cut it out people. I'm being serious here.
No reason you can't short to $28,900 (oh it's going there- See: "Welcome to the Bitcoin Challenge" again), and then hold on a minute to gauge direction before you bet the farm on a rise from there. If it's safe, then play it up. If it keeps going down, then short some more. It ain't rocket science. It's called Margin Trading and/or Futures Trading. Surely you you've heard of them. By using those tools, you can make money regardless of price direction. Just keep your leverage on the low side and use a trailing stop loss. You'll figure it out. I have faith in you. Besides HODLing is for the really really rich (i.e. Sissies - don't sue me really really rich people, I'm cool with Sissies. In fact, my Great Uncle's Sister's Grandson's Step-Father's Brother's former college roommate was a Sissy. Loved that kid). Besides, if you follow me, I will most assuredly provide you with the best possible wrong NOT financial advice you could possibly find. And what could be better than that?
Oh, by the way, it's a "W"...100%
Stay tuned for Bitcoingeddon! Alien Bitcoins crash land on Earth and begin to systematically take over all our planet's blockchains while wiping out a bunch of college kids at a frat party in the process. Coming to to theaters, streaming services, and most assuredly pirate streaming apps everywhere in March 2022...All interested Actors contact me here.
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