Bitcoin / TetherUSShort
BTC - Achilles Tendon
Updated
Not Financial Advice.
BTC broke it's Achilles tendon when it hit 3k and it still hasn't healed.
I see a lot of people jumping the gun every single time BTC goes $200 up or down.
I think its because a lot of people bought it at the 3k level and are ready to cash in due to what's going on and that's exactly why BTC can't break 7k yet.
The wound is rotten and it must be revisited and reinspected. Only then we can close it up and move on.
I might wake up tomorrow and find out I was wrong, but I believe we won't break above 7k in the next 24 hrs and that will cause us to go revisit 5k as soon as possible because parking at 5.9k for a couple hours wasn't enough to boost things up.
Let me know what you think.
BTC broke it's Achilles tendon when it hit 3k and it still hasn't healed.
I see a lot of people jumping the gun every single time BTC goes $200 up or down.
I think its because a lot of people bought it at the 3k level and are ready to cash in due to what's going on and that's exactly why BTC can't break 7k yet.
The wound is rotten and it must be revisited and reinspected. Only then we can close it up and move on.
I might wake up tomorrow and find out I was wrong, but I believe we won't break above 7k in the next 24 hrs and that will cause us to go revisit 5k as soon as possible because parking at 5.9k for a couple hours wasn't enough to boost things up.
Let me know what you think.
Note
As I anticipated. Nothing changes. We will attempt a shot to 6.9k and from there head down the road. There are a lot of fake news with some PRO, PREMIUM, TOP selling some type of scenario that is perfect and excludes any thing that is happening in the world.
Don't be fooled by the people telling you bitcoin will hit 8k next week because it won't.
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