this morning i already set at 37888

good number for new year

anyhow forex there need my attention alread so ciao

I put an order on your SL before bed, close to it

so yea...

Its not the moon move... Barely just part of correction

If its the over 100k move then sure got LOTR

Yep exactly halfway already

Okay here something to share, quite awhile havent shared anything here

First as I always say institutions are training bitcoin to be one of their toys think forex, gold etc
So you have to know how they play the game, because the price IS predictable
When I say predictable means you can identify levels just from the price alone, no need any indicators no need onchains
Its all bluff

A very simple example
You buy at wholesale price and sell at retail price. And when you start buying you don't all in at a single price.
You buy sell buy sell buy sell creating a triangle or range so this range is a value area
Which pre-identified before the game is started

So where is their average buying price for institutions, below 20k
So you see they have bought shit tons at low price, so they happy to sell to you 50-60k and can push much lower

Now they need to resupply stocks, where? Anything below 37k is where they start buying back

In the grand scheme of thing, this downmove is just the first leg of correction, we gonna get a bounce, then the real correction, and only after that you get the 100k+ move. This is the roadmap for bitcoin for next 2-3 years max 5, no 200k no 1m per coin. Just this. Then comes the bear market, and yada yada.
===================
Now what do I do with this info?

The tide is turning.

You buy spot and wait.
You want long? Wait for it reverse and retest.

Where to sell? I can only know once bottom is in

If you buy above 60k? You take the loss at the bounce and buy lower.

Dont short, you playing with fire, the tide can turn anytime. Yes you might get lucky if it go lower, but you playing with fire

if those algo/robots were smart, wall street gone alread

Of course its in the range of accumulation already

But you need to understand how they buy

Say they buy at 100@10, price up to 12, buy 100@12 and then sell 150@12, price go to 90, repeat with bigger and bigger size each time

So they can average better price, hence accumulating positions

But for BTC, the range can be big unlike forex which I prefer

The whole 31-37k is in the range, where you want to buy up to you

But what if it drop below 30k, yea it can, once they feel enough goods already purposely sell it to collect the liquidity and then pump up, hence the spring type move

last thing is dont expect its a fast rebound, bore people out is kind of the goal

since one dont expect fast bound, just let it play out, see after cny how

news = baked in price
just like evergrande, see where got crash, its already given a lot time to react
only retails scream crash crash crash

crash only come when nobody is expecting
then the game reset

covid is a reset

im bear on usd

yes please keep hodling

dont stop believing in planB yo

guy probs dont learn economic how supply and demand work when making s2f

this too funny i need to talk more

s2f is demand assumed, and demand can be easily controlled/slowing/speeding by big boys
u cannot look at supply of an item in long run
u need to know demand of that item and compare it to supply
is like economic 101

he maybe think pushing something of market cap 100m to 200m is same as 1t to 2t, lmao

holders put a strain on demand and reduce agg demand, and you have people on otherside willing to take profit from it

no brainer, shooting fish in barrel
aka stealing rocketship from retails and use it


This post has been edited by SmallPenguin: Jan 26 2022, 07:48 AM

im saying the hodling mentality

hodler become bagholder

this is what i want to bring up

i rather buy low sell high and repeat

but up to you really just kesian those buying above 60

yea agree, if u dont know why such and such move is happening yea hodl with spot is better
the keyword is spot
otherwise you will fall into the 90 90 90 group

but for people that understand the patterns used by institutions players we are happy to take profit and ride along
the confidence is knowing

u want big swing come forex confirm woohaa for small tf

but better go sleep

events like this usually can take 24h to a week for the effect to spill

cny over

lets see what bitcoin doing

nothing much

1 week not come here, got any special mou?

already told everything

you know where to spot, where to long and where to tp

first one already completed, now second stage...

until something change in the bigger picture of this correction move then i will update

otherwise , forex better

another week another dollar

again nothing changed yet in bigger picture

although its more clear now only 2 options on table

remember yo it should be long and grindy

another weekend im here again

anything i miss out

so they are the one i sold my bags to

i can consider to buy back from them with some discount, maybe 30%

say like this already clear bah

speaking of stable im planning to cut all when the correction to upside come and i tp

not sure if the snake head be cut after that, or they be spared until finish the last move

have to wait and see but risk is there

Another weekend another penguin

and another week of doing nothing

thats the power of institutions