Sorry bro, it's gonna break the parabola. Don't know what you're smoking. Good luck, use tight stops and disciplined risk management. And don't assume any bias. Just look at the technicals like a machine, which only follows rules and has no biases. Could break either way but MACD and moving averages are all looking bearish. Won't be bullish till Bitcoin is riding on top of its moving averages, which it hasn't been since Dec 24th. I think BTC will touch 9000 by end of Jan, with a possibility to fall all the way down to 5500. So be careful and be ready to reverse the trade.
I am really curios about whether BTC breakdown that green line. I was following your DEC 9 chart, I think you did a excellent job to point out the btc graph over time. What do you think will happen if btc breakdown ? Thanks.
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