On the way there. Broke 29k today

There's 30k
Looks like an artificial pump however so it might get under 30k again but not much and not for long

This didn't aged well

bobo the bear not doing so gud today

trend still isn't invalidated lol

You mean the bullish one since december/january ? sure thing bro

you sound like a binary trader, you know you can long and short at the same time right? The downtrend from 70k hasn't been invalidated yet, so for those who are net short, would be refilling their positions here and be hedged from the local trend up, vice versa who are net long, but those concepts might be too complex for you to wrap your pea brain around. For the people who are actually trading this market, you would short this area, regardless if you were long from 15-17k because we are playing a game of probability, there is no certainty in where price is going to go and if you think there is youre a fool.

Wrong, all on-chain data proves it. mvrv ratio is one.
Cycles are still 4 years long unless it changes in the future, this one was respected with a crystal clear precision of 1 week.
History repeats again. Not saying we are yet in a bullrun, for this we need to close a month bar over monthly kingjun (42k).
What you do is not complex at all, you're just following the majority shorting it. I also take quick shorts when I see a pattern for it, just like it was for rndr for instance (shorted at 2) but it's still a risky move to do sho in a bullish trendline.
Since you advised to short it, btc left the bottom of his 3 weeks range and never went below, that's so funny. Any aggressive short from this point was = rekt

This post was edited by Melatonina on Apr 12 2023 02:00am

well anyone using more than 10x leverage on their positions should get rekt anyways, i posted my chart, the invalidation is obvious even if you have a basic understanding of trend progression and price action...


This post was edited by Keuter on Apr 12 2023 02:23am

The big short
Bubble bursted