$BTC New ATH; Path, Plan, Profit

2021年7月5日

Illustrated are my ideas on BTC's path to a new ATH. Perhaps by Jan/Feb '22. Which means upside movements soon.

Maybe it happens maybe it doesn't. I try to imagine all paths so I can strategize a way to profit from any scenario. The only way to do that is to plot out possible paths, plan a reaction, then execute for (fingers crossed) a profit.

Green line - we reclaim 1D 200 EMA forming a rounded bottom. Range trade scalps to increase BTC position for max profits when it rips.

Red line - BTC sees violent downside forming classic reversal patters such as inverse H/S or C&H patterns. Hodl short position until bottom becomes clear. Spot long bounces and breakouts.

I'll adapt my plan as the path reveals itself but curious what you think? Do you have any predictions on paths forward or plans on how you will trade? Hodl, short then long the rip, hold fiat to catch bottom for max multipliers up?

Curious to know. Comment with a link to your chart or describe your ideas to lend greater perspective for the community.

Cheers!