A closer look to my bet

11 months ago

18 days ago I wrote a post explaining "my bet" about what I thought the Bitcoin price was going to do short term.
I draw the yellow line in my Tradingview chart:

The thesis is that the $30,000 level will be a hard level to break, and at some point the market will feel exhausted of this bear market. This will be the moment of MAXIMUM pain that I've been waiting for the last 6-7 months.

If this ever happens, this will be the LAST CHANCE to buy cheap Bitcoin before the takeoff.

At the moment Bitcoin was trading at $26,300, it touched $28,600 and now is trading at $26,900.
It looks like it has followed exactly my pattern. It's probably luck, I'm not that good at short term price analysis and TA.

However I will be following the price evolution closely, ready to pull the trigger if we get lower.

Enjoy your weekend!

Posted Using InLeo Alpha

hive-167922 archon cent pimp neoxian ctp proofofbrain leofinance

0.000

3 comments

@ecoinstant 77

11 months ago

0.000

@resiliencia 73

11 months ago

0.000

@hivebuzz 74

11 months ago

Congratulations @resiliencia! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

	You received more than 14000 HP as payout for your posts, comments and curation. Your next payout target is 15000 HP. _{The unit is Hive Power equivalent because post and comment rewards can be split into HP and HBD}

_{You can view your badges on your board and compare yourself to others in the Ranking}
_{If you no longer want to receive notifications, reply to this comment with the word STOP}

Check out our last posts:

	LEO Power Up Day - October 15, 2023

0.000