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Nice to see #Bitcoin finally make a move. Bout time. For those of you who have a short term mindset, are impatient, don’t understand Bitcoin etc… You probably aren’t happy right now. For the rest of us, bring it on🔥
The shills @CNBC brings on to pump #Bitcoin claim investors should be invested for the long-term. But in the long-term Bitcoin's price will be zero. So you can't buy Bitcoin for the long term. At most you can buy it as a short-term speculation, but only if you get out in time!
Current #Bitcoin evaluation this year is above $100k, and $200k in the following 3 years.
Ignoring the recent bear trap scam in the stock market, selling / shorting $37k is horrible R/R.
You know it. I know it.
#Bitcoin has finally broken the neckline of a head-and-shoulders top. The scary part for the longs is that the pattern projects a move below $30,000. Once that level is breached Bitcoin will have completed a massive double top. From there a crash below $10,000 is highly likely.
When everyone is panicking and shitting themselves it’s usually time to buy more. Just loaded up another #Bitcoin tbh out of DCA. Bullish long term. Holding till i'm 40 at least.
It’s going to be a bumpy road but in the end we will reach our destination 🤝
#Bitcoin has bounced strongly the last 4 times when the Mayer Multiple has dipped this low. See green line below.
Might dip a bit below the green line before the rip but getting closer each day.
Stay strong! ✋💎🤚