Hey guys!
I'm definitely feeling a bit bullish on bitcoin today.
Technicals are great, but I feel that too often TA on TradingView neglects the emotion of the market as an indicator.
Lately, we've been hearing much about $5k, even from Tone Vays - who I respect.
But, even the best of technical analysts, or the smartest of us, can fall prey to emotion - we're Human! That's what makes us great.
Are these bears falling victim to this scenario? Of that, I'm not sure. I do know, that when I got into crypto last november, all I could hear about was $30k Bitcoin , $50k Bitcoin, etc!
Is the inverse of that scenario happening now? Well, I think just maybe that COULD be the case. I am not a professional, but that thought has been floating in my head ever since we bounced off 5750.
Here's my bullish scenario (as a bear) and my trade conditions. Good luck everyone!
I'm definitely feeling a bit bullish on bitcoin today.
Technicals are great, but I feel that too often TA on TradingView neglects the emotion of the market as an indicator.
Lately, we've been hearing much about $5k, even from Tone Vays - who I respect.
But, even the best of technical analysts, or the smartest of us, can fall prey to emotion - we're Human! That's what makes us great.
Are these bears falling victim to this scenario? Of that, I'm not sure. I do know, that when I got into crypto last november, all I could hear about was $30k Bitcoin , $50k Bitcoin, etc!
Is the inverse of that scenario happening now? Well, I think just maybe that COULD be the case. I am not a professional, but that thought has been floating in my head ever since we bounced off 5750.
Here's my bullish scenario (as a bear) and my trade conditions. Good luck everyone!
Dagangan ditutup: hentian tercapai
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.