You know what bud, I don't know why, but you systematically keep braking ET's rules of conduct, you'll be on the naughty step soon.
So what? You're too stupid to read between the lines, so I had to spell it out, dickhead I don't get paid to post here, bud I will be fine if I get banned
As long as you're alright buddy, sounds like you're down on Diazepam supplies. And you see how much stronger mentally I'm compared to you, you are a weak man and I'm strong, I don't need to name call strangers online when they don't share my point of view. Also, this coincided with BTC hitting 40.5 moments ago, says it all.
This call is now 25%+ in the green, hypothetically speaking of course. Hopefully, it prevented at least 1 rookie buying near the intermediate top that has now been confirmed.
'Bitcoin drops below $40,000 for the first time in 14 weeks, but a bottom could be near" Last paragraph is what may happen elsewhere - "On Tuesday, three Chinese banking and payment industry bodies issued a statement warning financial institutions not to conduct virtual currency related business." https://www.cnbc.com/2021/05/19/bit...-could-be-near-.html?__source=androidappshare
BTC down 40% from ATH and dropping. Which means that the value of the investment went down 40% too. BTC should go up now 67% just to recover the loss of 4 weeks. Monthly charts are close to confirmation that weekly is short too. So still too early to go long as there is no sign of a long at all. Better wait till the drop is completely absorbed by the market, which is not the case yet.
Fast move through 42,000, then straight through 41,000. While at 40,000 it had no time to say "hello" until it hit below 39,000. I would estimate the plunge not over yet. Wonder how Bitcoin permabulls are fairing? For some fresh faced puppies, this will be a learning experience.
Well the sword cuts both ways. You've highlighted the failings on both ends. How many of the BTC bears in this thread made money on now a 38% fall? @Master Pu @Pekelo @Butterfly @themickey @Overnight and whoever else. I'm willing to bet none. If not, the bears can show their short positions and the stacks of cash they made from being short. Which brings us to the core of the issue, this site isn't Elite Trader, it's at best Elite Observer. More likely Elite Bullshitter.