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CRYPTO MECHANIC
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#Bitcoin Update
Many people asking me if bitcoin is about to dump and some are commenting their Targets under my posts. $35k or $37k.
Let me tell you one thing i do not trade based on hopes i trade what i see on charts. People who are calling for lower prices are either stuck in shorts or missed this move and sitting in cash.
As long as price doesn't break any HTF bullish structure i don't see a reason to call for a drop. If i see any i assure you I'll be the first to call it.
Bitcoin moved from under $39k to $43600 without any pullback. Many people wanted to short $44k-45k and market front run them. Overall nothing changed charts are still fine and bullish.
Open the weekly chart and you will see the weekly is just ranging between $40k - $44k. you do not need to flip-flop your bias in between.
$BTC
Many people asking me if bitcoin is about to dump and some are commenting their Targets under my posts. $35k or $37k.
Let me tell you one thing i do not trade based on hopes i trade what i see on charts. People who are calling for lower prices are either stuck in shorts or missed this move and sitting in cash.
As long as price doesn't break any HTF bullish structure i don't see a reason to call for a drop. If i see any i assure you I'll be the first to call it.
Bitcoin moved from under $39k to $43600 without any pullback. Many people wanted to short $44k-45k and market front run them. Overall nothing changed charts are still fine and bullish.
Open the weekly chart and you will see the weekly is just ranging between $40k - $44k. you do not need to flip-flop your bias in between.
$BTC
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