bias: bull
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Projected end target of blue arrow is around $4.7, or more likely $8.3.
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Last days thought correction, end of blue arrow end target, in my opinion:
Most probable: around 4$(not 4.7), will just shoot over a bit of ATH.
Possible: around 8.3$
Expectation: To happen as shown(possible slight delay, watch attached idea)
Timeline: to happen in the following weeks, BTC should ape along(watch for that).
Most probable: around 4$(not 4.7), will just shoot over a bit of ATH.
Possible: around 8.3$
Expectation: To happen as shown(possible slight delay, watch attached idea)
Timeline: to happen in the following weeks, BTC should ape along(watch for that).
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NOTE: If you're gonna analyze these markets using rationale and base assumptions of traditional markets, you're going to be wrong 100% as everyone from these fields was, using that logic without tweaking it. This is a revolution of money, the greatest thing since the beginning of the internet. When did Tulip mania repeat in the same asset class? Wouldn't a new standard of money mature, as it does now? Think about it, hard. Then use log scale.
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It did look too good to be true, did it not?
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Liquidation of longs. How many of you are long after this? Nut much I'd say.
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Was thinking we'we gonna gate it later in clime, but here we are.
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adjusted
