100k+ is coming in the next 1-2 years. You have to be patient with Bitcoin.
BTC
Started by
CLK
, Feb 05 2020 01:19 PM
14 replies to this topic
#2
CLK
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#3
CLK
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Posted 08 February 2020 - 04:56 PM
All these weekend gains will be erased due to CME being closed, the selling will start today or by tomorrow morning.
#4
CLK
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Posted 08 February 2020 - 11:40 PM
Would like to sell at 10500 and buy back at 9800, but last time I tried something like that, it kept going up and I chased it back, then it fell. Just don't want to mess up my long term holding anymore, rather sell at 200k.
Trading the SPX futures, I would take profit regularly, because it's not going to 10x in a year, probably not even double, but Bitcoin can 10-20x in a year, you are taking a big risk trying to short term time this.
#5
CLK
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Posted 09 February 2020 - 11:42 AM
I have risk to 8500 here at a 4 hr CME gap. Not saying it will, but risk is there to further set up an Inv H&S buy. Lots of bullish posts out there need to be tempered. I believe if it does sell, it will be the last time we see below 10k after the next rally.
Edited by CLK, 09 February 2020 - 11:43 AM.
#6
CLK
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Posted 09 February 2020 - 06:27 PM
I thought about selling into this 250 point gap, but when I pulled up the ticket, the commission is about $60 round turn on 10k,
this is absurd, I will take my drawdown and look to add lower.
#7
CLK
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Posted 10 February 2020 - 03:40 AM
Well they closed that gap and then some, -700 from the top, I still didn't like the $60 commission, if wrong looking at a couple hundred loss.
#8
CLK
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Posted 11 February 2020 - 12:58 PM
Some whale decided to get long a market order again, these gaps fill after it's over.
Long term investment only, if you think ES is volatile, this is way more.
#9
CLK
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Posted 12 February 2020 - 04:34 PM
Monthly long term is getting more bullish. Hoping to be able to add another BTC if I get the money soon.
That will be almost 2 full Bitcoin, don't need more than that if it hits 200k in 2 years.
#10
CLK
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Posted 15 February 2020 - 01:41 PM
CME will go back and close this gap Sunday, but after that, you can expect the 4hr gap to be closed at 8500,
that's my call, I do not believe they will leave that CME gap before higher.
And that rally from Monday has now been almost fully retraced.
Edited by CLK, 15 February 2020 - 01:45 PM.
