That will depend what happens at (X)...it would be setting up a 7 swing correction which is common. (ABC (WX) ABC) (This is loosely drawn in...C can extend farther depending is we get a running, flat or extended leg.)
Bitcoin is like a whiskey dick. No matter what, it can't go up! We have all the ETFs, Donald Trump endorsing crypto and what not..yet the price can not go up.
Reading this is like listening to a libertard claiming expertise on how you can simply print your way out of inflation...
in 2017 we had Carlos Matos speaking at the Bitconnect conference. in 2024 we have presidential candidate Donald Trump speaking at the Bitcoin conference Kamala apparently says "bitcoin is money for criminals". I actually thought they would not take action against this industry, but now that Donald Trump has associated with it... they are going to CRUSH it. If they go after Bitfinex/Tether rat nest it's GAME OVER. They will work hard to portray Trump in a bad light. They are going to crush the market he promoted. Hasta la vista, baby! When you look at the monthly chart it just looks HORRID. You are not the captain, you don't have to go down with the ship. Abandon the ship before people figure out it's a criminal-infested ponzi scheme and these digital ponzi tokens are worthless. You can still get real money for them. But not for long...
Dude, throw that garbage chart away. We're just taking a breather here. Once we go back up, $75k is the next target. There will be another pause there but eventually $100 will become the self-fulfilling prophecy.
why is the price dumping? Can't find more people to buy into the ponzi? best case scenario for your ponzi here is given the conference on the 27th if you get an exit pump into 70Ks... But it's not looking too good. If that happens you are getting the hail mary of a hail mary you sell everything and never look back. Selling at $65Ks is a very good price also(10% from the top? People will say you are a genius!)
I'm down (exactly) $7,000 only for the day. Not too worried about it. I'm liking my positions. If I could change one plan-- I had originally decided I would sell ALL my BTC calls, and had begun to unwind them, but now I think I will hold onto a bunch of them for assignment next year. I've already shot into 6-digit income for 2024 quite early on this year and I don't like getting too high too quick in woke-Canada's new cap-tax brackets.
How long have you been trading? You've never heard of a pullback? Didn't ya say the same thing when it was trading at 30K? Just wait till we get to $100. Oh boy, they're gonna call you a trading god.