Posts
avatar

Very hard to imagine that wasn't the low on $BTC there. (4hr) Trick everyone into thinking the announcement of the democrat mid terms was max bearish, get everyone short, then trap them. IMO, we've had THE WORST news you could possibly imagine over the last 5 weeks, with 4 confirmed red weekly candles and a current weekly red candle. As I've stated before, I think bears were extremely lucky to get this low, they had absolutely everything in their favour and to top it all off the Democrats won the mid terms, right at support. Right at the support of the entire initial pulse move from 60k. You could not have asked for a better set of conditions for bears and the best they did was $88k to $75.6k Above $78.8k the weekly candle will be green. There's still 3 real days of trading activity to get there and it's a 0.90% move from here. I remain bullish.

This content is for informational and educational purposes only. It may include third-party insights, sponsored content, or promotional material for which the creator may receive compensation. Nothing in this feed constitutes investment advice or a guarantee of returns. You are solely responsible for your own investment decisions. Always conduct your own research and exercise caution before trading. We do not guarantee the accuracy of third-party information and are not liable for any losses incurred. Past performance is not indicative of future results. Please refer to our Community Terms and Risk Disclosure Statement for details.

avatarPost your reply

Comment