Is the crypto winter over?
- Thread starter schizo
- Start date
Good thing you did, otherwise you would have been stopped out. If you want to hold the short over the weekend, may have to move it up again?
Bullcember 1 on a Friday may be an interesting trading day. Bullcember goes by another name, Pumpcember
The VIX closed at 12.63 and BTC is 50% away from all time highs.
That is not what I call bullish no matter what some fucking retard on social media tells you.
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That is not what I call bullish no matter what some fucking retard on social media tells you.
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She's up 133% for the year mate.
Can you see any reasons to have a bullish stance?
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I'm gonna hold this sucka indefinitely, until I get my loot or be thrown under the bus.
Are you still short, schizo?
I think $40k will be broken today or tomorrow
RIP $40k resistance
Tbh, I'm a little disappointed that btc is not above $50k after Uptober and Moonvember, but I won't feel so bad if by end of Bullcember btc is above $50k
I read a post on Twitter (or maybe a video snippet) that the money printer has been running
There's evidence in the 10y yield (being down a lot) and gold keeps marching upward
Anyway, this btc bull market is only getting started and if the money printer goes brrr, it's going to be one hell of a bull market party for the next 2 years
Buckle up!!!!
Btc went above $42k but I read it's a level that will be a resistance based on the long term charts
It will be interesting when the US stock market opens as the risk-on players will be paying attention to Btc and gold
I want to move to the GMX or Gains network perpetual futures platform but it will involve closing my position and opening an equivalent position size
But don't worry, I'll be back.
Btc has practically been on an uptrend for the past $10k, with brief consolidation periods. The only threat to the uptrend was the bad news on Binance which lasted a couple of days
If you plan to continue shorting Btc when it's going up, please consider the following
- Over 70% long term bitcoins (held for longer than 6 months) have not moved
- Supplies on exchanges keep hitting new lows
- There are buyers like Microstrategy that keep accumulating
I know you don't believe in the fundamentals and will see all of these on the charts, but your chart is not showing you this non-stop uptrend?
John, I know you're a smart dude, so don't pretend that you didn't read my post regarding where my stop was.
I got stopped out and I will be staying on the sideline for the time being. Not sure when I will return. Like I said before, I find myself out of synch with BTC. I just don't like its vibe and I've learned from past experience to respect it.
Good luck to you and stay positive.