Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Wedge closing in Huobi just about now. It's a game of musical chairs and the music is stopping. Short or long?
Given that we are now in a long-term uptrend (since Thursday last, untill August next), your default should always be long. Use it unless the counterpoint case is deeply compelling. I am at 100 on a scale of -100 to 250.
It's way too early to say that with confidence. Yes, long term uptrends have to start somewhere, but a week isn't long term anything.
If there is anything I am good at, it is saying things too early with confidence.
Isn't that funny. You figure out something, and you immediately think that the rest of the world is just as smart! But no, they are normally far behind.
