I was just looking for longs today, i had some leveraged longs with no stops, just cuz i thought that we will go up. Might be a good signal. I've been rugged before on the exact same way bitcoin is setting up now. If this turns out to be the case, then 3000$ drop tomorrow. I have no clue what will actually happen, could go up too the same amount, but just exercise caution.
Do you think $20K or $30K is more likely by Jan 1? I'm worried this is a blow-off top, but retail buying could easily push this parabolic
$30K is more likely, the trend is your friend. Plus, we have a bitcoin supply crisis, not enough bitcoins for sale on the exchanges and supplies keep getting depleted. https://elitetrader.com/et/threads/...der-holder-needs-to-know.353940/#post-5282063
The trend is you friend. Yep they said that a few years ago when bitcoin surged to nearly 20,000 and then lost over 80% of its value. And here we are once again....not even an asset, just a manipulated magical coin that will once again collapse under its own euphoria.