You should question why it will go up?


In retrospect, it was inevitable.

Good Luck.

Everyone has to start somewhere

Have fun

also illusions...things will start unfold.. well sorta happening

Theres 100k EOY option yo

but current bullrun is long finished been saying that

what kind of bullish are we speaking

bullish enough for swing trade or bullish enough for new ath

first one depends how sharp the next katcha go and can it break somewhere below 28k but im expecting it can hold there
second one... abit early for now maybe when kopitiam start posting bitcoin is pump and dump scam

“For over a thousand years Roman conquerors returning from the wars enjoyed the honor of triumph, a tumultuous parade. In the procession came trumpeteers, musicians and strange animals from conquered territories, together with carts laden with treasure and captured armaments. The conquerors rode in a triumphal chariot, the dazed prisoners walking in chains before him. Sometimes his children robed in white stood with him in the chariot or rode the trace horses. A slave stood behind the conqueror holding a golden crown and whispering in his ear a warning: that all glory is fleeting.”

I wonder had you bought any recently

Lovely Sunday morning its about time

Bitcoin chart



Chart X



Chart X outcome



Karma police
Arrest this man
He talks in maths
He buzzes like a fridge
He's like a detuned radio





This post has been edited by SmallPenguin: Feb 7 2021, 10:32 AM

this



But to your question, yes it is short, waiting for last entry position/more confirmation

I won't say it a total invalidation
But generally, today High should not be more than yesterday High
Even if it breaks, say ATH, I wont be surprised, because of Greed, Maniac usually happens near the peak



On my chart, I have a slope trend line drawn roughly from Q4 2020

The breakout, aka the bullrun, started on Dec 26 2020 peak at $42k with 30% breakout from the trend line and ended at Jan 21 2021.
I commented, smart money pulled out from 42k, to me, it means the Big Bulls are gone

The Elon Pump, which may be a cooperation from Small and Medium Bulls, the breakout is only around 9% and get kicked back down below the trend line, immediately
This is where I commented previously, the last leg is done

And the yesterday price up to 41k, the breakout is 6%, and now get kicked down back to below the trend line just today

Hope this gives you some idea. And prices and news are illusions. What most people seeing is the small picture within the bigger picture.
Someone has to be left holding the bags, who gonna provide liquidity for big players to get out? The retailers all round the world

This post has been edited by SmallPenguin: Feb 7 2021, 11:43 AM

Bottom line is we all make money, thats what is important

Have you ever questioned?

If you want to buy something for long term investment hold, shouldn't you be buying at lower price instead of peak price

Or diamond hand 2.0 from 19k to 3k again

That is just medium sized-ish picture

There is a chart related to m2, "something" happened around Year 1440, and it has been going and going till now, just few legs more and...yea

Look back throughout the history of mankind and creation of wealth and money, That is the biggest picture

"An object in motion tends to remain in motion along a straight line unless acted upon by an outside force."

I am definitely bullish on Long horizon. Just not now

I wish you good luck

Lucky still able to execute to close my shorts, didnt put SL, never estimate how wrong you can be

ngam ngam hit portfolio stop loss, time to walk away and enjoy CNY first

I explained my perspective before

Basically if "nature" takes its course, the smart money already cashed out between BTC first hit 40-42k.

What we experience now is well, trying to force nature to move another way. Elon can do it, he is like ultimate version of MCafee, he is "meme" and rich.

I do expect because of such action, the correction when it comes, just like everytime in every asset even gold, will hit much much more harder.

I was short term bearish, medium term bearish, long term bullish.

At the meantime, I need some whiskey and chill a bit. I dont like hitting my portfolio stop loss, this is a sign I made a wrong move - didn't put a SL. Ouchie will have to key in in my Kelly Criterion.

And the server down...

This post has been edited by SmallPenguin: Feb 8 2021, 09:33 PM

Try mobile

It works for me

Google Microstrategy all its top guys plus a "fraud" behind their name, it might surprise you

Looks like we gonna have High volatility plays next week

noice

Thats why there is a saying "you dont know what you dont know"

Just hope they know where to pull out

Meanwhile... can smell the blood already, sudden moves