Many experts said that bitcoin was doing a bubble, if such thing is true then this is how it will play out...
This show we can go up to 3k and 4k
Just sharing my insight, be safe.
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Yes i did bought on the green dot for quick gains, if it keeps bouncing stronger i will remain long until bear signs...
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We are approaching panic level
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We got into panic mode and got rejected... We could still be in denial area, lets be objective!
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We bounce on panic trendline and now we could be headed to test back anxiety with denial sentiment. So if we break up above anxiety level this chart could be invalidated.
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Above 12k and market will have recovered completely leaving the anxiety behind, beware it could be a bulltrap
I think its the crypto typical pattern from alts seen on BTC, some 80% retrace is common. I think we have a january - february in BTC some weak period, now after this huge bullrun some timeout. Everything above ~4k would be healthy. Below would cause some bearish trend for a year or longer. If you would have bought at 4k, wouldnt you be selling now? So others sell cause they are green so much.