$BTC Updating my view: the low on the chart I drew yesterday was breached, but my view remains unchanged. First, a consolidation range will form, then the price will rally.
Mainly because the previous drop was sharp and left many people trapped in losing positions. The market is consolidating here, while the big players accumulate. 73333 is very likely the confirmed low. If there’s another low, I’m certain it won’t break 70000. But that’s no reason to gamble. I’ll wait patiently for the market to develop into the setup I’m looking for, then go in heavy. Maybe I’m still too greedy—I placed a limit order at 72666 but didn’t get filled. Still, I haven’t canceled it. You never know, right?
There are plenty of opportunities. Look for a sure thing and hop aboard. Don’t let choppy markets wear down your mindset. My trading logic is to enter before takeoff and exit at the peak.
No bottom-fishing! No bottom-fishing! No bottom-fishing! Change your trading habits—riding with the trend saves time and effort! 🚀
Mainly because the previous drop was sharp and left many people trapped in losing positions. The market is consolidating here, while the big players accumulate. 73333 is very likely the confirmed low. If there’s another low, I’m certain it won’t break 70000. But that’s no reason to gamble. I’ll wait patiently for the market to develop into the setup I’m looking for, then go in heavy. Maybe I’m still too greedy—I placed a limit order at 72666 but didn’t get filled. Still, I haven’t canceled it. You never know, right?
There are plenty of opportunities. Look for a sure thing and hop aboard. Don’t let choppy markets wear down your mindset. My trading logic is to enter before takeoff and exit at the peak.
No bottom-fishing! No bottom-fishing! No bottom-fishing! Change your trading habits—riding with the trend saves time and effort! 🚀
