@guru2602 So you think the February low at 60,000 was the bottom? And we’re going to have a Summer rally? Just trying to understand if that’s what you mean by this post. I still think we sweep the $60,000 low and don’t begin to reverse until September October.
@Nebraskangooner I think what would be very useful to most beginner traders is a video on finding and recognizing good setups. What indicators or lines to use to identify a good chart
Bitcoin hits a major support zone, which I believe is the next distribution phase for the next huge drop.
My next target range within a few months is $48K to $53K.
Waiting to DCA into my 7+ figure short.
@kale_abe I told you we were heading lower. 3.6 on the total was the target if it doesn’t hold, we dropped to 3.45 likely but you’re right the whole market is definitely not over.
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@BobLoukas No matter what the risk reward is still positive. So there is a potential for BTC to drop from $80k to $60K maybe but the future upside is potential to go to 110-120k and more.
All these states and countries coming in to buy Bitcoin are sure going to get some good prices.
Every time you think you understand markets it surprises you 🙃