$BTC
Resistance is infinite and unbounded. When a level is broken, there will always be more resistance higher up.
Support is not though, support is capped at 0.
Few.
Still can't fathom how Alameda can own the house (FTX), employ bunch of smart people, scam retail left and right for years, and still get rekt. Every unfair advantage anyone could ever have. Still rekt. You can't make it up LOL.
Bear spot order of operations for next year:
1) Acquire BTC and ETH from cattle in distress.
2) Wait to see if it doesn't go to zero.
4) If not zero, acquire some alternative ponzis making up no more than 30% of total allocation.
5) Sell everything to moonbois on way back up.
People now think CZ is their friend because he helped expose the FTX fraudster.
None of these guys are our friends lol.
Casino owner never gambler friend kek.
Bitcoin is going under 30K in the very near future and there's nothing you can do about it. Any moves up from here are engineered scams to try to get you to FOMO in and dump on you.
If you are a trader, you are a lone wolf. That's life of trader, alone and staring at charts, grinding, using CT as comedy/stress relief, making some anon friends.
At some point next year, bear will buy Bitcorn, and then ETH.
And then wait to see how altcoins do before buying some and hoping they have some type of run one day.
This is for long term spot.
Not really looking to nail bottom of any random shitcoin.
@cz_binance
You sure you have the moni?
Am I gonna have to schedule you for appointment too?
Seem a little desperate there posting during most illiquid hours when Bitscorn is dumping.
Hmmmmm ...
1/13
What makes a good trade set up? If you're serious about trading then having a way to evaluate quality of setups is a must.
Here's an example system:
There will be no bottom until Saylor is forced to liquidate entire stash and name entrenched in history books.
Mocked for weeks in all financial media.
It is my will and so it will manifest.
Soylana still $30 and you think this whole market is not just one massive scam run by exchanges in desperate attempt to squeeze every little dollar our of retail? LOL.
"RSI iS OvErSoLd" (On whatever timeframe) so we must pump! ...
Yeah you see, RSI is momentum indicator, oversold just means that it's fucking strong momentum down, it doesn't mean that it has to reverse anytime soon.
For reversal you better off waiting at least for divergence.
There are no bulls left by the way.
It's only bears now.
Bigger bears close shorts in profit to reket late bears, then they open higher while distributing spot. No bulls in sight mkey, only bear vs bear that's how it is.