BitcoinLong
BITCOIN at a Crossroads... 30,000 USD or 5,500 USD?
Updated
Oh, we love this game. Or do we? Bitcoin we love you, Bitcoin we hate you. One day we are positive, and everything looks like we are on the 5th Wave and are heading towards a New All Time High, and everyone is happy and optimistic. The next day we are dropping hard, which I also predicted we would do here, and we are talking about going down to 7.3k-5k USD..
The Crossroads- 30k or 5k?
So what is happening? How can we talk about such different numbers? Its very important that you understand, that RIGHT NOW we are fighting about whether this is a 4th wave or the end of the 5th.
Also notice that this is not Stocks, or bonds, this is crypto, so the market moves so fast that one day can change a lot. You dont see stocks or bonds move 10% or 20% over night. Think about it. Its a lot. Thats why we also are quickly to adapt to new circumstances. If you are one of those people who stick to the same narrative, and dont change your opinion, you are a losing trader.
So you need to change and adapt to the market. WHEN you have made your analysis and made your trade, then you have to let it go of course. But only then. Please promise me that - dont be one of those in the comment sections that will tell you...
Oooh, yesterday you said bullish, and now you said bearish?
Of course I did! Thats why I made 100% when we went up, and then I also saw we went down yeserday as you could see from my chart, and also made money on the Short. So please my friend, dont be like them. Adjust and adapt all the time - you become more and more clever for every second that goes by. Remember that.
What Now
Long term we still dont have an answer whether this is a 4th wave or the end of the 5th. BUT one thing is certain. IF we continue to go down without any correction to the upside, the first scenario becomes more and more likely. But right now it seems like we will go up short term, and then down again. The best thing you can do right now is to focus short term, and I promise you that I will let you know about the bigger picture when we get more data.
D4 Loves You <3
And please remember to give me a LIKE. It gives me motivation to keep making these free updates for you guys! Thanks.
The Crossroads- 30k or 5k?
So what is happening? How can we talk about such different numbers? Its very important that you understand, that RIGHT NOW we are fighting about whether this is a 4th wave or the end of the 5th.
Also notice that this is not Stocks, or bonds, this is crypto, so the market moves so fast that one day can change a lot. You dont see stocks or bonds move 10% or 20% over night. Think about it. Its a lot. Thats why we also are quickly to adapt to new circumstances. If you are one of those people who stick to the same narrative, and dont change your opinion, you are a losing trader.
So you need to change and adapt to the market. WHEN you have made your analysis and made your trade, then you have to let it go of course. But only then. Please promise me that - dont be one of those in the comment sections that will tell you...
Oooh, yesterday you said bullish, and now you said bearish?
Of course I did! Thats why I made 100% when we went up, and then I also saw we went down yeserday as you could see from my chart, and also made money on the Short. So please my friend, dont be like them. Adjust and adapt all the time - you become more and more clever for every second that goes by. Remember that.
What Now
Long term we still dont have an answer whether this is a 4th wave or the end of the 5th. BUT one thing is certain. IF we continue to go down without any correction to the upside, the first scenario becomes more and more likely. But right now it seems like we will go up short term, and then down again. The best thing you can do right now is to focus short term, and I promise you that I will let you know about the bigger picture when we get more data.
D4 Loves You <3
And please remember to give me a LIKE. It gives me motivation to keep making these free updates for you guys! Thanks.
Note
Thats how we do it! First we are making money on our Longs. Yesterday we went Short, and today we go Long again! Look at that beautiful 4h candle. Puush!Note
Ouch, ouch ouch. Not even a smaller correction to the upside first. That makes the long C-wave down more likely.Note
Bitcoin is making a smaller correction to the upside, but its not with super confidence. Still with low volume. We need to see more from the bulls, or this is just a smaller correction to the upside, and then down again.If this is a C-wave or a bullish ABCDE Trigle pattern, we will go down after a small correction to the upside.
Note
UPDATE: Bitcoin Rally is Over: Next Stop 5,363 USD, Then 30k USD!
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