Visualizing Bitcoin 2019
Description: Sun Tzu told me to visualize the field of battle, so before we spit out our next million dollar-trade, we will look into different possibilities. I've painted 3 outlooks; BULL, NEUTRAL & BEAR.
BULL
Given it's low probability this is exactly why a bullish move could happen.
$15000 fueled by shorts. $20.000 fueled by FOMO. Then down again for extra pain, before breaking into new ATH's.
It will be safe to trade altcoins.
NEUTRAL
A neutral outlook would probably look like a long tightening range in between $10000 and $7000 followed by a Halving pump in January.
Could be some low volume altcoin pumps. So we will look into trading break-outs only. No reason to hodl longterm here. Nothing will hodl first few months.
BEAR
With Bitcoin, every bearcycle looks like the previous one. Big dumps to lead the way.
You can capitalize on it by shorting Bitcoin and big cap alts at Fib support levels.
Do not hold altcoins.
Like I said, this is merely an etching of outlooks.
Feel free to comment me your ideas.
Peace.
BULL
Given it's low probability this is exactly why a bullish move could happen.
$15000 fueled by shorts. $20.000 fueled by FOMO. Then down again for extra pain, before breaking into new ATH's.
It will be safe to trade altcoins.
NEUTRAL
A neutral outlook would probably look like a long tightening range in between $10000 and $7000 followed by a Halving pump in January.
Could be some low volume altcoin pumps. So we will look into trading break-outs only. No reason to hodl longterm here. Nothing will hodl first few months.
BEAR
With Bitcoin, every bearcycle looks like the previous one. Big dumps to lead the way.
You can capitalize on it by shorting Bitcoin and big cap alts at Fib support levels.
Do not hold altcoins.
Like I said, this is merely an etching of outlooks.
Feel free to comment me your ideas.
Peace.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.