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Trader K
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Trader K
@TraderK_BTC
#Bitcoin & Forex trader. Tweets are not financial advice. Join discord: https://t.co/81nQDdnHal
Katılım Haziran 2011
466 Takip Edilen981 Takipçiler

@LayahHeilpern In hindsight you will likely be a bottoming signal. I hope you didn’t sell everything 🫣
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The bullish trend is only over if we break below 74,500. I see the general consensus is that we are now in a bear market, although there is really nothing that confirms this aside from a medium timeframe downtrend.
All the data 'experts' tried to compare last cycles patterns with this cycle all the way up. They ended up getting rekt.
Now they are trying to convince you with the same comparisons to show that it's over and we have entered a bear market.
In a few months, buying bitcoin below 100k, specifically in the low 90's will prove to have been a very wise choice.
Bitcoin going from long term holders/dumb retail into the hands of institutions.
Do not sell your Bitcoin below 100k.

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@CryptoKid But you are showing a monthly chart, when we are half way through the month.
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@lisareality1 Also pointless, they can just drive around on the grass 😂
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So the collective belief is that Bitcoin has topped and is in a bear market.
If you go back to the beginning of 2022, the sentiment was still bullish really until it had dropped below 30-35k.
Yet so far, this is the shallowest correction in % of the whole uptrend. There is no invalidation of the trend unless Bitcoin goes below 74.5k.
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I have a plan, when my key levels are hit I will study the charts and orderflow and make an informed decision on whether I will take the long, or remain short.
Trader K@TraderK_BTC
Short term downside incoming for #BTC, likely to make new monthly lows below 100k. Once this final wave is completed, we could be setting up for an insane parabolic move that will shock everyone. Short term pain for long term gain 💪
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While everyone keeps blindly longing, market will go lower. I don't make the rules, I just observe.
I'm hoping market participants become bearish and start shorting soon as we approach key support levels. That way, we will be able to see a solid reversal.
Trader K@TraderK_BTC
Short term downside incoming for #BTC, likely to make new monthly lows below 100k. Once this final wave is completed, we could be setting up for an insane parabolic move that will shock everyone. Short term pain for long term gain 💪
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