good evening o/
firstly, i'd like to just say; i've shared all the bear cases i could think of,
and while they might look appealing to some - they don't look that appealing to me.
i share tons of scenarios, even the ones i am not that big a fan of.
why?
because the market isn't linear, and i like to be prepared for every possible outcome.
most people just buy and hold things<
<i'm in cash 95% of the time.
all of my trades are short term scalps (in either direction).
ask any single person how much they made since btc topped out back in november;
then ask me 🥂.
----
i saw this correction coming before it even topped out.
people called me absolutely ridiculous for even considering the idea of btc dropping back down to 30k,
but i stuck to it, and we've come a really long way.
no hard feelings to all the bag holders,
but i'm not about that kind of lifestyle.
----
----
----
last night i shared a chart on the dxy,
check it out if you haven't yet:
that dxy chart is the reason why i believe that a bottom could be looming right around the corner,
(in the next 1-2 weeks in the overall markets).
it rhymes beautifully with the spx500 as well:
add the current level of fear into this equation,
and we got a perfect storm for a massive bull run on the horizon.
----
the majority of the market is absolutely bearish right now.
the majority of the market is also wrong 95% of the time.
people get emotionally attached to ideas,
which in turn makes them lose moneys.
i have 0 attachment in this market, 0 bias.
all my trades are based off the chart patterns that are presented to me on a daily.
i might not be right every single time, but it's not about being right - it's about risk management.
----
----
----
if my theory for the dxy holds true,
there's a good chance bitcoin runs to $100k+ in the year ahead,
there's also a really good chance the spx500 runs to $5750 during the same time.
----
the trade here is simple;
if btc manages to stay above $32918.7 (stop loss below)
the triangle idea will become a reality,
and all the brave souls buying into this fear,
will be rewarded big time.
🥂
ps. i always go with the unpopular opinion.
ps2. it's fine if btc goes below the bottom trendline(don't panic), so long as it stays above 32.9k, we are good 💰.
firstly, i'd like to just say; i've shared all the bear cases i could think of,
and while they might look appealing to some - they don't look that appealing to me.
i share tons of scenarios, even the ones i am not that big a fan of.
why?
because the market isn't linear, and i like to be prepared for every possible outcome.
most people just buy and hold things<
<i'm in cash 95% of the time.
all of my trades are short term scalps (in either direction).
ask any single person how much they made since btc topped out back in november;
then ask me 🥂.
----
i saw this correction coming before it even topped out.
people called me absolutely ridiculous for even considering the idea of btc dropping back down to 30k,
but i stuck to it, and we've come a really long way.
no hard feelings to all the bag holders,
but i'm not about that kind of lifestyle.
----
----
----
last night i shared a chart on the dxy,
check it out if you haven't yet:
that dxy chart is the reason why i believe that a bottom could be looming right around the corner,
(in the next 1-2 weeks in the overall markets).
it rhymes beautifully with the spx500 as well:
add the current level of fear into this equation,
and we got a perfect storm for a massive bull run on the horizon.
----
the majority of the market is absolutely bearish right now.
the majority of the market is also wrong 95% of the time.
people get emotionally attached to ideas,
which in turn makes them lose moneys.
i have 0 attachment in this market, 0 bias.
all my trades are based off the chart patterns that are presented to me on a daily.
i might not be right every single time, but it's not about being right - it's about risk management.
----
----
----
if my theory for the dxy holds true,
there's a good chance bitcoin runs to $100k+ in the year ahead,
there's also a really good chance the spx500 runs to $5750 during the same time.
----
the trade here is simple;
if btc manages to stay above $32918.7 (stop loss below)
the triangle idea will become a reality,
and all the brave souls buying into this fear,
will be rewarded big time.
🥂
ps. i always go with the unpopular opinion.
ps2. it's fine if btc goes below the bottom trendline(don't panic), so long as it stays above 32.9k, we are good 💰.
Anmerkung
In a worst case scenario;btc could raid the low for liquidity, and give us an expanded flat.
this would be somewhat of a nightmare scenario, considering how deep it could go before it reverses; but it happened plenty of times in the past. 2019 was a really great example of this exact move.
be ready for anything, but make sure you got an exit plan, just in case things don't go as planned 🤝
Anmerkung
full theory via: youtube.com/watch?v=sj8ot35BaKg
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.