A couple of days ago,
BTC surged to 88,000, and I was truly desperate.
I just shouted “short” at 81,200,
and then a huge bullish candle shot it right up.
Cursing, crying, and desperate cries echoed all at once.
Some people said it would go to 100,000,
others said 126,000.
So many people couldn’t hold back—
they should have chased and entered high.
Anyway, I already warned them—I said don’t chase.
Sometimes when you watch the chart, the indicators are already distorted; it’s really no use.
Otherwise how come so many technical-traders end up missing the move, getting crushed?
Emotions sometimes are just “Bull King” energy.
For example, when the village chief said, “Support the development of digital currencies,” I was like—damn this.
BTC really has to go to 200,000.
Anyway, honestly, this bull-market move started too early.
So later on, the climb—those periods of gradual upward movement and choppy consolidation—will last much longer.
From a technical standpoint, 83,000 is a strong support.
Here I think it will definitely break.
If it doesn’t break, then it means the dog-whales are really not going to operate like they usually do.
They already wiped out so many shorts.
They should be planning to slaughter the longs next.
Killing the longs is the most hopeless.
I think it has to drop to 70,000.
If it really drops to 70,000—would you dare to go all-in? $BTC
BTC surged to 88,000, and I was truly desperate.
I just shouted “short” at 81,200,
and then a huge bullish candle shot it right up.
Cursing, crying, and desperate cries echoed all at once.
Some people said it would go to 100,000,
others said 126,000.
So many people couldn’t hold back—
they should have chased and entered high.
Anyway, I already warned them—I said don’t chase.
Sometimes when you watch the chart, the indicators are already distorted; it’s really no use.
Otherwise how come so many technical-traders end up missing the move, getting crushed?
Emotions sometimes are just “Bull King” energy.
For example, when the village chief said, “Support the development of digital currencies,” I was like—damn this.
BTC really has to go to 200,000.
Anyway, honestly, this bull-market move started too early.
So later on, the climb—those periods of gradual upward movement and choppy consolidation—will last much longer.
From a technical standpoint, 83,000 is a strong support.
Here I think it will definitely break.
If it doesn’t break, then it means the dog-whales are really not going to operate like they usually do.
They already wiped out so many shorts.
They should be planning to slaughter the longs next.
Killing the longs is the most hopeless.
I think it has to drop to 70,000.
If it really drops to 70,000—would you dare to go all-in? $BTC