I'm surprised by the bull power caused the parabolic rise BTC had, with the least expected retracement, I'm not gonna hide it.
but this doesn't make me don't think of the probability of doin it later, and even this may give me the idea that the retracement may get bloodier than what I was expected before.
testing the 23.6% level @ $7710 probability: 85%
testing the 38.2% level @ $6832 probability: 70%
testing the 50.0% level @ $6123 probability: 45%
testing the 61.8% level @ $5413 probability: 25%
breaking up to test the 10k is a 70% probability too, if the mental resistance holds BTC down, it means the momentum is weak.
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I AM IN NO WAY A MARKET PROFESSIONAL; USE YOUR OWN JUDGEMENT WHEN PURCHASING STOCKS AND OTHERWISE I AM NOT RESPONSIBLE FOR GAINS OR LOSSES THAT YOU MAY EXPERIENCE.
THE MARKET IS INHERENTLY RISKY, AND YOU SHOULD ONLY INVEST WHAT YOU ARE COMPLETELY WILLING TO LOSE.
I CURRENTLY HOLD INVESTMENTS IN STOCKS, BONDS, AND CRYPTOCURRENCIES.
but this doesn't make me don't think of the probability of doin it later, and even this may give me the idea that the retracement may get bloodier than what I was expected before.
testing the 23.6% level @ $7710 probability: 85%
testing the 38.2% level @ $6832 probability: 70%
testing the 50.0% level @ $6123 probability: 45%
testing the 61.8% level @ $5413 probability: 25%
breaking up to test the 10k is a 70% probability too, if the mental resistance holds BTC down, it means the momentum is weak.
---
I AM IN NO WAY A MARKET PROFESSIONAL; USE YOUR OWN JUDGEMENT WHEN PURCHASING STOCKS AND OTHERWISE I AM NOT RESPONSIBLE FOR GAINS OR LOSSES THAT YOU MAY EXPERIENCE.
THE MARKET IS INHERENTLY RISKY, AND YOU SHOULD ONLY INVEST WHAT YOU ARE COMPLETELY WILLING TO LOSE.
I CURRENTLY HOLD INVESTMENTS IN STOCKS, BONDS, AND CRYPTOCURRENCIES.