Based on my golden strategy it's time to Long Bitcoin. The strategy is reliable but DYOR. It could make 8,800% Net Profit since 1 Jan 2019, while the natural profit in this time span is 2,100% (LL: 3300 | HH: 69500)
As I had predicted in my last post, the price broke the 45k level (the post has been removed by moderators because of violating some rules). Now the price is above the 200 DMA, a strong support level as well as a very common stop-loss point. It means any attempts to test the 45k level would execute lots of stop-loss orders and push the price back to this month's...
The holy universe who's running everything including the Bitcoin price,
I donated to you $50K. I know it's been a drop into your vast ocean of wealth. Last time when I again without any hesitation donated to you the very last penny of mine when the price of Bitcoin went the other side, as usual, I humbly requested something from your holiness, and it wasn't...
I know many of us are now in the FOMO situation. But it's too late and risky to open a long position while the price is too close to a reversal point which both RSI and price momentum are indicating. Furthermore, if you compare the past five days volume changes with the volume changes we see in the last huge price change it's clear that we have hadn't enough...
It seems Bitcoin is going to test the last reversal point at 6500. Considering the middle of the parallel channel it's most likely that a double down is going to happen.
Combined with the Elliot pattern and today's failure to move above the up-trend line, the overall momentum suggests Bitcoin will crash this week and give us a 15% SHORT opportunity toward the 0.236 Fib level. Time to SHORT.
