This week's video overview is out now on my YT channel. Feel free to head over and check it out. Appreciate it if you like and subscribe to the channel.
Good morning all, little update today on the Bitcoin trade entered. If you watch my YT channel you would of seen I was looking to buy again from the demand area, which we previously bought at. As i have said previously i think this demand zone is the current bottom so am happy to buy from here. We did well on the last buy from here. If we get a break out of the trend we could see the trend change. the News was good for us yesterday, but i do think we may fall back and get squeezed into the corner before we move away. So hold if you joined me and if you missed then you may get an opportunity to enter soon if we re visit the demand zone below. Will update again in a few days. GLIYF
Well, after the Nasdaq crash this week, and crypto discount this weekend, looks like I'll be rolling my Bitfuck short-puts on expiration Friday. Then again... a lot can still happen in two weeks. So many negatives, like Nuclear war, Chemical war, with very little up-side catalysts. JPow ain't going to drop to negative interest rates, the Merge isn't going to happen this quarter. The only up-side I can think of, is dead cats are always possible I suppose...
Good morning all, today we are looking at Bitcoin again. We have had one successful trader of late and also one that has hit our SL. Previously on the bearish run down we had a nice sell position which we did well from. But where we find price sitting currently I am not inclined to sell at the moment. If price can hold this level of 30K then I am happy to try a buy. As we can see from the past this demand level has been the source of all time high's. So a rebound in trend is of good probability. Even if we didn't go on to make a new ATH we could certainly get a good trade out of it. If we manage to break this level then it looks like we will certainly be visiting the 20K zone. One thing for sure though is that we are being presented the opportunity to buy BTC at cheap prices, either HODL or leveraged position's, buying at the bottom is what we want. Let's watch for a few days to see if we find demand here before we take a buy, but be ready. GLIYF
We must thank Terra/Luna for this dip, after dumping all its BTC from the coffers and flooding the market with it. I was wondering why the FUCK the selling on BTC was out-pacing ETH by such a margin, couldn't figure it out. Then the news hit of the Whale attack on Terra. Those sneaky fuckers laid shorts on Luna and did a double-pronged attack to de-peg it. Someone needs to make a movie on this hit & run.
I for one am happy people like yourself are out there finding the reasons why for lazy fundamental people like me
Good morning all. Lets talk about Bitcoin! As we are all aware this week has been crazy for crypto. We have seen the demise of LUNA wiping out many peoples portfolio's and crashing and burning. Bitcoin also dropped quickly during this time. But as we can see from the charts we can clearly see big buying pressure coming into play. The way we look at institutional buying area's on Forex compared to Crypto should be different in my eyes. Its all about price, it's got to be hasn't it? If the big boys are at play why would they drop price right down to the low levels of 10/20K. All that does is presenting opportunity to a lot more every day Joe's to buy full Bitcoin's and giving everyone a lot easier chance to make huge returns. Aren't they trying to do the opposite? I am not sure I am only speculating, as that's what we all only do anyway. I would love to see it come right down as I would buy lot's, but will it? I can see if we break this area then it does look likely we will visit 20K zone. But currently i see it holding. We did trade at lower prices at 25K . But we had huge rejection. was that your chance at buying in the 20k zones. This level looks to be holding at the moment, and if the weekly and monthly candle wick out then it could turn. Let me know your thoughts below, is it time to stick a buy in? GLIYF