Food for thoughts 15-05
Just get it over with, okay?
The FUD train is on the loose. Whether it's Musk, Biden or a random country, I find it hard to believe that it's a coincidence these events occur so close to eachother. Where was all the bad news on our way to the top? In Dutch we have the word 'wappie', for people who believe in conspiracies, so I'll watch my words, but I want to make a bet, that Tesla finds a way to make mining less harmfull for mother nature in the future ;)
But what about the chart? In my opinion it would be good ro refuel at 43K. There is much demand around this level, and it would be a nice place to start a new rally. Maybe we get a relief rally, but my bids are waiting at 43K. I hope that's BTC's bottom, but I'm kinda worried about the retest of the neckline..
The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its end.
The FUD train is on the loose. Whether it's Musk, Biden or a random country, I find it hard to believe that it's a coincidence these events occur so close to eachother. Where was all the bad news on our way to the top? In Dutch we have the word 'wappie', for people who believe in conspiracies, so I'll watch my words, but I want to make a bet, that Tesla finds a way to make mining less harmfull for mother nature in the future ;)
But what about the chart? In my opinion it would be good ro refuel at 43K. There is much demand around this level, and it would be a nice place to start a new rally. Maybe we get a relief rally, but my bids are waiting at 43K. I hope that's BTC's bottom, but I'm kinda worried about the retest of the neckline..
The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its end.
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