Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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Thanks, LiquidMEX
DISCLAIMER:!!!This is not to be considered financial advice is my personal opinion, always do your own research before entering or exiting trades as i will not be held liable for any of your trades!!!
@kaiserjacob, Thank you i appreciate that many more to come!
MichielVan_Kets
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I'm willing to believe something like this, I just think we'll see the drop sooner
but I'm just sticking to the text books; we need to get 1 last confirmation, we need to see a 30-40% correction first, then a new high, otherwise we're still not sure that the correction ended indeed ... so ... on your chart I would be buying at 13.5k ...
I just hope we see that drop sooner, like maybe right now, that would be nice, but ok, let it be it goes to 10k, then 6.5k, then back up ... once it's back to 7k and looking strong, sure enough I'll buy some already, but I'll be doing most of my buying above 10k then ... that's still at least x10, probably x20 and possibly x30 ... I'm happy with that, I'm not greedy ;-)
LiquidMEX
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@MichielVan Kets, nice strategy! Thanks for sharing. How long have you been involved with BTC? I do believe as you said we will see at least a 10x gain from 8k to 80k within 2 years or so tops.
@MichielVan Kets, wow lucky i wish i had been in crypto then. I started crypto back during the 20k bull run.
MichielVan_Kets
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@LiquidMEX, well ... I had to sell it ... it went to $1.100, but then it dropped ... so, I sold it at $920 or so ... I had to, I wasn't going to lose that money, because I knew if I sold it at the top and waited long enough, I'd be able to buy 5x more bitcoins with it at the bottom ... it's not like I want to be a trader, but as soon you have some btc, you have to become one
ttovmasy
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@MichielVan Kets, whats going on guys. Are you expecting this correction to go down 40% too?
LiquidMEX
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@ttovmasy, It shouldn't go lower then 10,500 brotha
LiquidMEX
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@ttovmasy, join the telegram channel if you want more updated market analysis we are in there all the time trading