BTC breakout short term atm... Time to share...
MY ULTIMATE BEARISH CASE:
MY ULTIMATE BULLISH CASE:
currently, the bears are winning, but it is still possible to return to the bullish case and stay between those 2 trendlines
edit:
I call that we will never touch 275 USD again and probably will never dip below 300 USDYou have the right to ridicule me if this doesn't happen
Here we go again, another never post, I love these posts
Edit: and yes, I still didn't buy and wont buy, my chart is not showing any kind of reversal, it could be just a dead cat bounce.... if we go to $500 and maintain it for days or continue going up, I will buy back, but for for now it is business as usual, waiting for more downtrend.
I agree with you, and most of the TA I've been reading today suggests the same, maybe upto 500 or even 550 but we will keep travelling downwards in the next couple of months.
It's incredible how much (irrational) exuberance there has been since Monday. A great deal seems to be based on Adam whipping people into a frenzy with talk of rockets, trains etc. I'm beginning to find it all a bit tragic that you can't offer an rational opinion without being called a "bear troll" or similar.
But I do notice that we've gone back to posting random pictures of breasts, which is normally a good indicator that the collective IQ/attention span of the thread is dipping.