Based Calls ๐Ÿ—ฟ
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BTC just took the 60k low

Either starts another bull trap here, or just nukes lower and targets those 50k area lows.

Either way - bottom is far from in
Based Calls ๐Ÿ—ฟ
First eth bear target close to hitting. Strongly believe we take the $800 level next ๐Ÿซก
You might not believe it (now) but I see an eth bottom at sub $400
โค1๐Ÿ˜ญ1๐Ÿ’Š1
Remember in 2018 when eth went from $1.5k to under $100?

I do
โค1๐Ÿ˜ญ1
Stab at a bitcoin long here for some relief after liquidating everyone and their dog when it broke under $60k
๐Ÿ‘2โค1
Smaller size
Can leave runners if you want - would keep stops break even though and remove risk if you do

HYPE is strong and if we get another bull trap on btc I could see it running new highs.
Expecting another bull trap here

Bitcoin to 74k, or so.

I would imagine the timeline all starts calling for bottom (again) and they sucker everyone in

Kinda why itโ€™s called a bull trapโ€ฆ

Cannot confidently even mention the word โ€œbottomโ€ until 50k levels are taken out
Just look at the % draw down from ATHs every cycle.

Itโ€™s always well over 80%

Is it going to be any different this time?

I donโ€™t think so. No.
Long hype
Based Calls ๐Ÿ—ฟ
Long hype
Thereโ€™s a chance this sweeps the low at 54 - weโ€™d long it again if thatโ€™s the case

Would think wise to keep some powder for a second long if that happens

Remember with trading - say youโ€™re risking 1 to make 3..

You only need to win THREE out of 10 trades, to make money over time

Itโ€™s not about having a crystal ball itโ€™s about being the House.
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A 40% win rate with an average risk reward of 1:3 is extremely profitable

Something to keep in mind.
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Markets and charts get a lot clearer when you see "support" and "resistance" levels as pools of liquidity to accumulate or distribute into