
Here's a little trading lesson for everyone reading, not just one person: 1. At 84k I said under 81k we likely tap 78k, and above 86k my bearish thesis is invalidated and I flip bullish. The replies I got were the usual "yeah it's going higher, you're just super bearish", with zero context and zero invalidation behind that stance. 2. At 80k I said under 78k we likely tap 75k, and above 83k my bearish thesis is invalidated and I flip bullish. Same replies again, same "it's going higher", same zero levels. 3. Today at 78k, we most likely see a bounce to the 80/81k area, and from there I will look to short again, IF we reject, targeting 75k again and even lower. Invalidation comes if we have a weekly close above the 82k area, which is the last lower high in this bearish short-term structure. You see the difference? I have a system and I follow price, which means I know exactly where I'm wrong and I'm ready to cut my losses and flip the moment those levels get triggered, while the replyguys just talk smack :D. So while some of you are busy fighting price while bitcoin:native dropped for 5 weeks straight, I'll keep following my system and stay bearish short-term until price tells me to flip. P.S: "It's going higher" or "it's going lower" isn't trader talk, it's just horoscope commentary. Traders have levels, commentators have opinions, big difference.






