$BTC Too many people entered shorts so now the MM’s don’t need to drop it as it’s not as profitable for them to do so. Now we wait to see how high they take us. Remember the market moves depending on where it’s most profitable for THEM not YOU!!
$BTC If you watched the Market update video, then you were prepared for this drop and where its going!! I give you the information, its up to you to put the time in and watch it. I hope you are profiting from it!
$BTC A little clean up below is all I am really looking for at the moment. Hopefull it doesnt go deeper than that but I dont have a crystal Ball like to many here that know exactly where its going.
$BTC Here is the Hyblock data: Even though I would hope that $90K holds, There is always that possibility that we have a deeper retracement to $84K area before heading into $100K
$BTC Be careful here...... We have a lot to clean up down below. We have to pay the piper now. You can still make money on the way down before the next upside target hits so take it!!!
$BTC Finally getting that move back to test support at the low $80’s $82-$80k will finally be tested and if it holds then we have a proper market structure to get us higher to form a macro Lower High before the next big drop to finally convince everyone that the Bull cycle is over and has been over since October!
Happy Thanksgiving to my U.S followers! Have a blessed day and remember during the dinner when they ask you "What should I buy?" Tell them BTC is the only real investment for Long term planning. Remember they are not day traders so dont speak in intra day terms! It will come back to bit you in the ass.