Crypto Hound

You’re not bullish enough on Pudgy Penguins.

$BTC Why we won't go below 50k I will keep saying it, $BTC is not going below 50k. If you want to keep making money, you instead trade the range, take more longs than shorts (we took 4 longs, 2 shorts so far), and you attain a bullish bias. I gave you the production cost as a reason for a bottom, gave you the buy model, gave you the purple zone and the high timeframe silver pocket, as well as more confluences, to call the bottom on the very day it happened (Feb 6th), and now we simply use that bias to ride out longs up. Will I short 73k? It's still my plan, but not in a perma bear "I expect 50k" way. I need serious confirmation, because it's possible a lot of people try to short this, and then that is fuel for higher. So I will just look for a short through a critical lens. So natural focus is to stay bullish and use the short which acts as a hedge, to not be arrogant, and to not think the market always does exactly what I predict. It does that around 90% of the time, yes, that is one of the highest on all of X (in my personal life, I know two more accurate predictors), but regardless, it's not 100%. Either way, the bottom call is working out so far, we are seeing that move where I expect many to fade it. Let's see if that is actually such a good idea, "blindly shorting" this move up.

Coiling process is at the last stage… Patience ALWAYS pays, and $BTC is getting ready. Whats your move 😎

$BTC longs Up 1500 points ✅️, I would make it risk free right here. $BTC ran overnight off our entry and long idea. I personally exited as I have no time to manage the trade properly. But if you held along, here is where I would make it risk free (at 64.4k), and I would keep my SL at 62k. Full disclosure, I didn't run with the trade as you know. This post is for some of you dm'ing me because you held along. But even if you didn't, a run up is still good because that's our main thesis and bias working out for runners of trade I and to continue our spot plan. Enjoy. Your trade is now risk free. I'll still try to find an entry Tomorrow and ride along with you when my schedule clears up after today.