Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
My TA says we are running too hot right now. Currently we are at the March 2021 price and it’s only December so we are roughly three months ahead of schedule.
Likely scenarios are:
1. My TA is shit
2. We are aiming for a 2013 crash (although I would say we have not yet gone parabolic so this is a lower risk)
3. We will stagnate at this price for 3 months and everyone will get bored
4. This time it is differentTM and This Is Gentlemen please pick the colour of your helicopter (no black helicopters please)
5. We are going to have a mild dump heading into early January and then bounce.
Personally I’m going with option 5. Again I am not trading this - it’s not worth the risk.
Edit: If we make it to 15 January without a meaningful drop, options 2 & 4 become more prominent (never forgetting option 1).
Likely scenarios are:
1. My TA is shit
2. We are aiming for a 2013 crash (although I would say we have not yet gone parabolic so this is a lower risk)
3. We will stagnate at this price for 3 months and everyone will get bored
4. This time it is differentTM and This Is Gentlemen please pick the colour of your helicopter (no black helicopters please)
5. We are going to have a mild dump heading into early January and then bounce.
Personally I’m going with option 5. Again I am not trading this - it’s not worth the risk.
Edit: If we make it to 15 January without a meaningful drop, options 2 & 4 become more prominent (never forgetting option 1).
I'll go with option 4. I'm a retarded permabull after all. 3 is also possible.
Another possibility: something happened and blowoff top will happen 3 months earlier this cycle.
