tbh I'm happy someone pulled the brakes a little bit. I understand a lot of people want to go full sonic "gotta go fast" on this bullrun but I'd rather see an easygoing constant rise without the insane volatility, panic and hysteria that results from it.
Now that's what you call a selloff... My question is: Why the hell would you do that in such a way? Creating panic? Because that's not a very good strategy to reach that.
Let it go. I'll put my buy orders at 200 just in case.
I guess it's time for Bitcoin to dump China..
What happend im not home
Central China bank can't stop poking it's big fat dick into cryptoland
Life savings 100% in at 1190.
Pray for me.
My wife will leave me and is taking the kids if I am wrong here.
Boy you gonna win.
But maybe should of waited for the ETF decision first. Just make sure to have a stop loss/selling point, maybe 950-1050
go big or go home. Either you win or get margin called, sensible investment my man!
We had a 4H 50/200EMA cross down a few days ago, last one happened the 14th of 15th of september so that was a while ago. The 4h 50EMA or 1h 200EMA has been tapped 4 times with a clear rejection. IMO we are looking at a steady correction to one of the older support lines before building some real bull momentum again. However things like Tether or any crazy news can cause BTC to go ham again, caution is (for me) the way to approach BTC in these circumstances.
