Not trading or financial advice!
This isn't a trade idea, its more of a rant. Everywhere I look on twitter and tradingview people are commenting on this week's bitcoin breakout. What breakout?! On a long term basis there is nothing remotely resembling a breakout of any sort. The long term charts are an amorphous shit show of uncertainty and incomplete pattern. If you trade lower time frames and see a profitable set up, that' great! Trade it and get that bag, but long term I see very little happening at the moment. Hope this rant has put things into perspective, and if not, fuck it, you do you.
This isn't a trade idea, its more of a rant. Everywhere I look on twitter and tradingview people are commenting on this week's bitcoin breakout. What breakout?! On a long term basis there is nothing remotely resembling a breakout of any sort. The long term charts are an amorphous shit show of uncertainty and incomplete pattern. If you trade lower time frames and see a profitable set up, that' great! Trade it and get that bag, but long term I see very little happening at the moment. Hope this rant has put things into perspective, and if not, fuck it, you do you.