Sorry for the clickbait headline, it just came over me (:
Now, to me it seems like we're in the beginning of the third phase of this all, which necessitates a certain amount of "price negotiation".
To be clear the past is no reliable forecaster, but there are patterns and cycles and they are usually sort of the same.
So, I am eying a retest of previous important price points here, i.e. ~ $10300, or ~ $9800 — and i'm patiently waiting to see how these levels are going to be defended.
In my mind we will probably just wick down, get a sh** ton of liquidations and then shoot right back up.
Who knows, right?
But one thing that is absolutely crucial to take away from all of this is this:
The next time we take out $12K and have several solid closes in a row above that level, the. game. is. on. and it will be beautiful and terrifying and an absolute roller coaster ride that will transform into a spaceship that'll take us straight to the sweet sweet heavenly gates of 6-figure BTC prices.
Imagine catching that next bottom at $50K and looking back like damn ...
Take care out there
& keep stacking them Sats
(:
Now, to me it seems like we're in the beginning of the third phase of this all, which necessitates a certain amount of "price negotiation".
To be clear the past is no reliable forecaster, but there are patterns and cycles and they are usually sort of the same.
So, I am eying a retest of previous important price points here, i.e. ~ $10300, or ~ $9800 — and i'm patiently waiting to see how these levels are going to be defended.
In my mind we will probably just wick down, get a sh** ton of liquidations and then shoot right back up.
Who knows, right?
But one thing that is absolutely crucial to take away from all of this is this:
The next time we take out $12K and have several solid closes in a row above that level, the. game. is. on. and it will be beautiful and terrifying and an absolute roller coaster ride that will transform into a spaceship that'll take us straight to the sweet sweet heavenly gates of 6-figure BTC prices.
Imagine catching that next bottom at $50K and looking back like damn ...
Take care out there
& keep stacking them Sats
(:
