1/ Bitcoin has always shown in recent years that it corrects by 30% even in the bull market. At the same time, the EMA140 is always tested at dump. When it gets bloody on Monday, we can see the 13k again
2/ Last Monday the 7th green Bitcoin candle opened in a row and I was flat or had very very tight stops. Enduring the fomo in yesterday's days was already a challenge. I was standing on the side line while everyone got rich with $XRP $ETH and $LTC
3/ We will definitely still close over 15k today and then paint the 8th green week candle. CME has never had 8 greens and BTC only had 8 weekly greens for the first time in April/May 2017 - after that came the 35% correction.
4/ It is important to always look at the big picture or not just rely on the prices. My setup told me that $BTC will only go to about +-17k. The Bitcoin dominance shows that anything above 17k was actually just a fakeout and $BTC.D disappears back into its channel.
5/ My indicators say it is dumped because:
1. 30% correction is part of a healthy cycle
2. 1Day EMA 140 test
3. the annual opening still needs to be tested as a support (R/S flip)
4. stoch (all TF over 3h lol) is bearish af
5. 8th green weekly candle
6/ After the correction, continue towards 100k. At the defis like $YFI $SUSHI $OCTO you have seen how stupid the money is. But did you think that Ripple would make 50% just like that? Me neither. That's why it's clear that $DASH $REP $XMR will also wake up from a deep sleep.
7/ So there are two ways you can make money in 2021
1. you can trade - is the hard way.
or
2. you just buy continuously after the dump (the easy way) and get out sometime (very hard :) )
8/
By the way, the market is completely manipulated. But even the actors oriate themselves according to patterns.
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