Daily crypto hate: the end is nigh.Without entering in too much detail (check my previous ideas), I think (personal opinion, not financial advice :p) that this is FINALLY it.
Complacency lasted 6 boring months.
But it is over, the dump is now IMMINENT.
We waited a long time, so now it should be easy to wait a little longer, look at 1 hour charts and enter when there is a "signal" to (I am already short for a small amount at 7100$ because after all the waiting I did I do not want to miss it, but for the major part I am waiting).
Brace yourselves for the fireworks, it will be bloody...
I will update this idea as Bitcoin moves.
In hundreds of years there has never been a big bull run after a 10 days long bottom right after an 8 months bear market.
But does not mean there can not be a bull trap.
We do not risk a short squeeze thought, so I think a bull trap is next to impossible:
A couple reasons:
1)
2) Intuition
3) Shorts got eliminated
4) Weekly moving averages (MA20 is at 7400)
5) News are bullish...
6) www.tradingview.com
7) Intuition
8) NO ONE IS EXPECTING IT!
Let me screenshot the top ideas for crypto this 1 September for history:
imgur.com
So, unless I missed someone, in all these ideas there are only 3 people that say we're going down:
- DCFreak, no wonder, he is really good, shame he rarely posts (crypto does not do much thought)
- My man texagg
- Me
