foebi

BTC in a big falling wedge

BITSTAMP:BTCUSD   比特幣
Welcome to a new market update.

BTC made a huge dip after the tweet of Elon Musk.
I personally don't care that Tesla doesn't accept Bitcoin anymore.
Elon says nonsense and manipulates everybody.

Okay sooo..
Elon says nonsense but we must be thankful. You need to buy dips like this. The altcoin prices were big blessings.
After the dip I noticed something nicely. We are in a big falling wedge..
A falling wedge is a bullih pattern. If we break this pattern upside, we will be super bullish.

When will we break it?
I think that we will go up now till 54-55K and then we will bounce back to the big support around 41-42K. I have talked about this support in my previous update.

If we will touch this support, we will bounce back up and then I expect that we will break the falling wedge.

What did I do in this dip?
I had a bag of usdt and invested 50% of my usdt in altcoins for the long term.
I will invest the other 50% at 41-42K.

If you can't handle a 20% loss, you don't deserve a 1000% return. Keep this in mind guys. Follow me to stay updated with the market, never be in panic and have patience.
Your patience will be rewarded...

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