Is the crypto winter over?

I just put an order for all position to close @ $22,088 too fast a market for my liking. Will re-enter the swing-trade position before end of day if my order hits

 

Ya should have gotten out at 22000.

 

Maybe, but I like $22,088 more if I can get it, extra $800 bucks will splurge on Ruth Chris' steak tonight

I prolly jinxed it, oh well, easy come easy go, that's how the casino gambling works

 

I have a resting buy order at 21650

 

Incoming red candle

 

Lowered my sell order to $21,910 buyer exhaustion here, me thinks

 

Order filled, will re-enter the swing trade position some time today before I go to sleep

 

Or it could be shorts covering.

 

Absolutely!!!

In 2019, the crypto winter and the start of the bull market was because of shorts covering fuel

Could be the same with this one. The hodlers like me were prepared to hold for years rather than sell at $15k/btc or lower

The key is for bitcoin to go above $30k, then $40k, then once we bitcoin gets above $50k, we can say it's a bull market again

 

Alright, this thing is off to the races. Here are some upside targets IMO. The ultimate target is 33000

Was really hoping it came back down, but I don't think that's gonna happen now.