I'm envisioning a rapid acceleration in BTC as we ramp up over the all time high. Many have been awaiting this fo ages, most haven't believed the rally to date, and still don't, I'd assume most think it'll make some kind of double top and drop, judging by the amount of top pickers getting stopped. What is the current concensus? We have some whackos showing up and calling way higher prices again, but I'm not too worried since we have a legit trend this time, and solid price action for now.
I'll hold my long term position and will be ready to add to longs if we get a viable short term or intermediate term trend continuation setup. My signals clients will receive the alerts first hand, and all the updates for this and Ethereum. I'll post updates and new charts here, but I won't make such a detailed coverage as last year, where I pretty much gave a lot of stuff away. If anyone has been following me, they should have made a considerable amount of money with Bitcoin.
If you did, leave your comments below, I'd be glad to hear what everyone thinks now too, since we're in almost uncharted waters!
Happy new year!
Cheers,
Ivan Labrie.
評論
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Bulls firmly in control, we've hit the weekly validation target already, expect more upside and a rapid climb after breaking into new all time highs.
Chinese started selling some btc, but it looks like a shakeout big time... s3.amazonaws.com/tradingview/snapshots/5/5jqHeR4s.png I'll look to add on dips, but later today this is what I was talking about, when I said "Acceleration and potential dip after breaking the ATH"
Happy new year Ivan! this was indeed a great year for BTC investors. As i told you, i reached my retirement goal and now i finally got the time to work on my future plans for the coming, for sure turbulent, months.
i really appreciate your charts and updates which where indeed very helpful to find the right spots.
You are not just a good trader, I can read a huge amount of knowledge and experience between your lines and the way you work, and i can also see a very charming and amusing personality which matters for me the most.
i wish the best of luck to you for the future and may bitcoin keep rising further when fiat currencies slowly fall.
IvanLabrie
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@Pato99, thanks, your comments mean a lot. Hope we continue to have such success from here onwards, all the best.
@IvanLabrie, hehe i really like your serenity. 8400 CNY allready. I move my stop higher every hour
IvanLabrie
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@Pato99, I made it simple, sold 80%, holding 40% of funds in ETH and BTC (50/50%)
I'll look to reenter with a heavier position on any short term setup, for now, we don't have any.
Pato99
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@IvanLabrie, i´m riding this ship till the end. Every +100 CNY i open a new 2,5% margin and move stops higher for the other margins. I stacked up 25% allready.
IvanLabrie
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@Pato99, that's perfectly fine. Good approach, keep at it and it'll take you out with a nice profit eventually.
Pato99
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@IvanLabrie, yes it provides really good returns in the long run. i dont like to sell BTC i allready own so i just trade the trends and build up margin positions so i can redistribute the profits to maintain 40% BTC, 30% ETH, 10% ETC and 20% fiat. With the growing collateral also the 2,5% positions grow bigger. It does not provide max gains but low risk and exponential growth
IvanLabrie
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@Pato99, yes, that is a solid investment approach. Well done.
i really appreciate your charts and updates which where indeed very helpful to find the right spots.
You are not just a good trader, I can read a huge amount of knowledge and experience between your lines and the way you work, and i can also see a very charming and amusing personality which matters for me the most.
i wish the best of luck to you for the future and may bitcoin keep rising further when fiat currencies slowly fall.