Moonbags Markets
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This channel is for my own personal thoughts only. Not financial advice. I take no responsibility for anyone's losses or gains. This channel will be forever free and I take no donations. Thank you. https://twitter.com/lordmoonbags
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1 458
I will be adopting the mindset of buy low and hodl
I won't try to time this shit anymore
Put money in the plays you believe and wait it out
1 458
Unfortunately, if you you thought I was here to deliver good news, you are mistaken.
If we were to continue following the 2016 fractal, we are about to completely round trip this entire leg up lol.
1 458
BTC closed above 48316 which has flipped the weekly bullish and has invalidated my previous bearish thesis
Looking back at the time in which I had my previous thesis, I believe I simply didn't give enough time for the 2016 fractal to play out. Now it is actually looking like the 2016 fractal is still on the table.
I was wrong in being impatient, the market continues to teach me every single day. I am not afraid to admit this.
However, to my luck, I bought back a bunch that I sold in the ETF sell the news period due to the fact that daily momentum was beginning to flip back bullish, around the time I made my bearish thesis call. I had expected just a bounce but clearly it has gone above previous highs.
With the weekly flipping bullish, one might expect we are gonna pump to the moon next.
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