The Pi Cycle Top Indicator has historically been effective in picking out the timing of market cycle highs to within 3 days & has a 100% track record. It shows the top is reached when the orange line (350DMA x 2) crosses over the green (111DMA).
My recommendation is that for now you should not use leveraged positions for your trading and just be cautious, nothing particularly worrying but hey it's better to protect your profits than see everything melt away, right?
Keep on grinding 🔝 you’re going to do great with these posts
follow_bitcoin
⋅
@Investroyllc, well what is your prediction? - I have been here since 2014 and I remember that in the last days of 2017 when bitcoin reach an ath of nearly 20k and then retraced, everyone just kept saying that the price will reach the moon and the stars, but the truth is that bitcoin is rising yes, but not in a straight line, that's all!!! if you don't agree you are free to let us see your technical analysis and show us your reasoning, I will be the first one to tell you I was wrong if your theory (or anyone else's for that matter) and analysis are sound
follow_bitcoin
⋅
@Investroy, This setup was precise - it predicted bitcoin's exact top on the exact date it closed!!! super precise! couldn't have been any better!
LetsBeNICE
⋅
I don’t know man I think monthly candle needs to bleed a bit more just my suggestion maybe 35k and start next candle 69k 4 months green candle hmm one 🩸 candle one hurt ? Don’t think btc is gonna keep going up prepare for a fall ,,,, I need a reputation star