RickSmash

Bitcoin 15 minute chart breaking out of channel??

RickSmash 已更新   
BITFINEX:BTCUSD   比特幣
I'm seriously not feeling this breakout. Looking for rejection at any of the lines on this chart, or a H&S reversal. I'm as bullish as they come about Bitcoin, I'm just expecting a 42k rebound before getting our faces melted off again. If you think this bull run is over, look at the BLX weekly chart and zoom WAYY out to see all time prices. This cycle is far from over. We have gains coming well into next year.
評論:
As of this moment Bitcoin is reaching my predicted top, at a later time than I expected. This is a crucial moment. Market cap just reached a trillion, and momentum/excitement could drive it further. I really would love to see a longer duration correction here, another confirmation of support at 42K and then keep going.

This is very exciting that BTC just broke a trillion though. Inside I'm excited and just want it to moon. Experience tells me that corrections are good, especially the ones that make you think the bull market is over. Those types of corrections tend to lead to price action that prevents you from sleeping for 6-8 weeks, and makes you think about quitting your job.
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