Want to make money with less anxiety? Just ride the coattails of the rich and powerful Insiders that manipulate the market (market makers, whales, institutions, etc.).
What is price action telling us? That they CANNOT drive the price below the adoption curve or they risk selling into too much buy pressure at low prices. They do not want to lose inventory when they're supposed to be accumulating inventory and filling their warehouses. They want to sell into buying pressure at 100K not 6K!!! Stop calling for 5K it's not going to happen! Why would they sell off enough Bitcoin to drive the price to 5K when it will take that much more effort to drive back up? 6400 was the absolutely most logical place for the bottom to occur and that's why I laddered longs all throughout the 6K region and I'm sitting in double-digit profits now.
Go big or go home! I ain't here for the soup and the sandwich I'm here for the entire restaurant!
THINK! And grow rich!
I hope this analysis helps inform your own. Crypto is very risky. Nothing in my analysis HAS TO HAPPEN, and I have an exacting plan to adjust my strategy the moment the bullish thesis is negated. Good luck swimming with the sharks!
Peace, Love, & Crypto,
B166ER
What is price action telling us? That they CANNOT drive the price below the adoption curve or they risk selling into too much buy pressure at low prices. They do not want to lose inventory when they're supposed to be accumulating inventory and filling their warehouses. They want to sell into buying pressure at 100K not 6K!!! Stop calling for 5K it's not going to happen! Why would they sell off enough Bitcoin to drive the price to 5K when it will take that much more effort to drive back up? 6400 was the absolutely most logical place for the bottom to occur and that's why I laddered longs all throughout the 6K region and I'm sitting in double-digit profits now.
Go big or go home! I ain't here for the soup and the sandwich I'm here for the entire restaurant!
THINK! And grow rich!
I hope this analysis helps inform your own. Crypto is very risky. Nothing in my analysis HAS TO HAPPEN, and I have an exacting plan to adjust my strategy the moment the bullish thesis is negated. Good luck swimming with the sharks!
Peace, Love, & Crypto,
B166ER
"You didn't come here to make a choice, you've already made it. You're here to try to understand why you made it."
―The Oracle
―The Oracle
