https://www.youtube.com/watch?v=6Lz2Yospjo0 Great video on BTC & NFTs. 15:45 - "It's outperforming every asset class on earth.... it makes everything else look pointless" My feelings exactly, still early and still so much upside.
-Bitcoin trading within weekly range. -Futures options for March expires on the 26th. -If options close on a plus, look for push to ATH -If options close low, look for continued range trading or more bearish PA {image}
Ignored
That's an interesting analysis. Does it usually work out like that with Futures?
Normal Fib retracement on the 4 hr and 1 hr. It may go down a bit more to test the 38.2% level fully, as it didn't quite touch the level exactly. {image}
Ignored
yes.
you are right many systems fail in bitcoin analysis.
including the fibo, and other nonsense.
Joined Dec 2009
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Status: Full Time Trader
|551 Posts
PA looks like it wants to push through the recent high. All corrections seem momentary. A 5 percent intra-day correction is normal for Bitcoin, so if the price drops 3000 dollars its nothing LOL. Anyway......I'm still here I just had to take a break from the noise. Watching the market with a curious eye :-)
Joined Dec 2009
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Status: Full Time Trader
|551 Posts
Hello All,
I had to step away for a while quite busy with school and work. Anyway, just wanted to let everyone know I have moved away from bitcoin as my main crypto focus. I still believe it is profitable, but the big players make most of the moves. Alt coins are extremely profitable and I have a sizable investment in many of these coins at the moment. I'm too busy with school and work to be here everyday, but I want to wish all of you happy trading as always!
No, but yesterday I got into short - 47,900 - 45,900. The low for May 13 was the benchmark for the take. At 47,900 was my trading situation. Sunday is not wasted
I drew a trend line at these points. He tried to go back, but he was not strong enough. To be honest, I am more inclined to further short, but I will be watching what the price says on this trend line.
