BitcoinPembelian
BTC - Short Term Trade - Long Term Room To Run - History Repeats
Bitcoin trade triggered and there is going to be a lot of hype surrounding what seems to be the Holy Grail level of 100k.
I posted this trade in the group as I mentioned a couple days ago. I have been for months mentioning that I was positioning myself for a run to 130k. Nothing has changed. In the 50's I said add some here, at 70k add some here, at 95k add some again, while others are giving play by play of what Bitcoin is doing and giving the great insight that it "may go up, or may go down".
Now does Bitcoin hit 130k in this run? I don't know and neither does anyone else, but I am positioned for it. If I am wrong there is a stop in place to minimize losses so it is not like I bet the farm on 130k, but I am also not scared to take a chance here.
I do want to be clear that the big money has been made already, do not expect the 10-20 bagger moves from here, but a 30% move is a 30% and for a trade that is a nice RR.
Regardless I believe we trade 130k sooner than later and once we break 110k, the race will be on.
As far as your long term investments, I am holding here, there is no reason to sell yet. Lets take a look at the broader picture and why I think there is still a lot of room to run with Bitcoin
Looking at a broad chart of Bitcoin there is a pattern of Bitcoin rallying for months after it breaks out of the previous high. Does history repeat again? I don't know, but I can tell you history seems to repeat itself.
In addition you can see a pretty consistent trend line and then you get that blow off rally lasting for a few 6 months. No reason to not think that won't happen again. Sure maybe I am wrong, but you can't make money if you don't take risks, and there is no reason NOT to be long here, NONE!!!
The same people being cautious at the breakout, are the same ones that were cautious at every breakout. Yeah follow them and you will miss the move to 250k.
Best thing of all? I am free! I trade and post because of the passion I have, I don't need your $30 a month.
I posted this trade in the group as I mentioned a couple days ago. I have been for months mentioning that I was positioning myself for a run to 130k. Nothing has changed. In the 50's I said add some here, at 70k add some here, at 95k add some again, while others are giving play by play of what Bitcoin is doing and giving the great insight that it "may go up, or may go down".
Now does Bitcoin hit 130k in this run? I don't know and neither does anyone else, but I am positioned for it. If I am wrong there is a stop in place to minimize losses so it is not like I bet the farm on 130k, but I am also not scared to take a chance here.
I do want to be clear that the big money has been made already, do not expect the 10-20 bagger moves from here, but a 30% move is a 30% and for a trade that is a nice RR.
Regardless I believe we trade 130k sooner than later and once we break 110k, the race will be on.
As far as your long term investments, I am holding here, there is no reason to sell yet. Lets take a look at the broader picture and why I think there is still a lot of room to run with Bitcoin
Looking at a broad chart of Bitcoin there is a pattern of Bitcoin rallying for months after it breaks out of the previous high. Does history repeat again? I don't know, but I can tell you history seems to repeat itself.
In addition you can see a pretty consistent trend line and then you get that blow off rally lasting for a few 6 months. No reason to not think that won't happen again. Sure maybe I am wrong, but you can't make money if you don't take risks, and there is no reason NOT to be long here, NONE!!!
The same people being cautious at the breakout, are the same ones that were cautious at every breakout. Yeah follow them and you will miss the move to 250k.
Best thing of all? I am free! I trade and post because of the passion I have, I don't need your $30 a month.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.