#thoughts
Yesterday we joked a little. Finally, I was able to instill confidence in the majority, and yesterday I was pleasantly surprised how calmly the community reacted to the turbulence on BTC
Now let's get serious
BTC gave a fat squeeze after overcoming 100K. Three candles minus $12,000 at the moment 😱
You remember, since the beginning of the year I have been leading a scenario with two main messages:
- the first and main one is reaching the range of $90,000-120,000, no "zeroing out" etc. - ✅
- the second one is going above 100K - ✅
In fact, I believe that in this range there will be a giveaway of BTC
Everywhere - positive. News agenda - BTC gold, Trump will push it higher, Plan B claims that in December we will see $150K
Everyone is shouting that once it consolidates above 100K, then now full throttle and 250K already in January
Nothing changes. When this channel said to buy - they twisted their temples, telling what kind of purchases, we are going to 38000-26000-8600
Now, when the "confidence" on bitcoin is off the charts - the mood is opposite
Let's write out my opinion as clearly as possible in order to forestall possible insinuations:
- yesterday's high is not the final one, it will be higher;
- the range of 90000-120000 is the distribution range;
- at the peak, a short-term spike higher on euphoria is allowed by inertia;
- 90000-120000 is the "true price";
- by the end of the cycle we will go well below 90,000, no "it will never be lower again" - there will be
Alta was upset. In a good way :)
On such a strong squeeze, it barely moved
Like, from the technical side, it looks like a 20-30 percent rollback
But they don't give a rollback, the limit orders don't fill up, the buckets don't fill up
Luckily, the spot has been charged for a long time :)
But, it turns out, it didn't upset me, but on the contrary, everything is ok?)
The futures, of course, would have been worn out, especially with the shoulders
So the guys were warned in advance