Tale of the Two Necklines! #Btc
Markets take more than they give.
Can you survive what lower prices would do to your Mentality and portfolio
The reasons are unknown why prices are rejecting at these key levels
Clearly lack of appetite or belief at these levels, of the use case of Inflation protection.
But if regular people like me can see the weakness... then it only feeds on itself
To bring us down to more palatable levels where the opportunity outweighs the risks.
Simple as it may sound.
A 6X from 16k to 100K is more enticing than a 2.5X.
Can you survive what lower prices would do to your Mentality and portfolio
The reasons are unknown why prices are rejecting at these key levels
Clearly lack of appetite or belief at these levels, of the use case of Inflation protection.
But if regular people like me can see the weakness... then it only feeds on itself
To bring us down to more palatable levels where the opportunity outweighs the risks.
Simple as it may sound.
A 6X from 16k to 100K is more enticing than a 2.5X.
Trade closed: target reached
Both $16,000
and $100,000
Price objectives were met.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.