BTC Update and why you shouldnt panic

in #bitcoin • 7 years ago

BTC on 4H Timeframe


The falling knives are raining from the sky! Stop catching em or you'll lose your fingers. 


BTFD is advice for a bull market retracement. NOT for an all out bear attack.


The selling will come in waves. The first is panic. The second is when position managers are looking to scale out of their trades on upward retracements. The third will be the ones who've lost their minds, and sell the absolute trough of the bear market in defeat.


We're breaking supports here. The top horizontal yellow line. Will it hold? Not a promising sight.


I'm waiting at the $9000 zone of accumulation. That's the lower horizontal yellow line.


Working bids in ETH at $900 as well.


How are you guys doing today?

#steemit #cryptocurency #jwolf #smartcryptotrader
7 years ago in #bitcoin by
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     6 years ago 

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       5 years ago 

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