17H¡

Bitcoin decision time 📉

What's going on here?

We were promised 150k by the end of the year...

attachment

Today the Bitcoin price tested the 50-weekly MA line.


In the past, a weekly closing price below the 50-weekly line has always heralded a bear market.


There is still hope...


But what will you do if this scenario materializes?


  • B&H, hope that this time it is different and get angry that you are not following a momentum strategy
  • Sell


$BTC (+0,31%)

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12 ComentĂĄrios

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yay... I think we still have some work to do with the 150,000.00 😅
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Bitcoin is worth nothing. Pure speculation with no real value. But there is one: 0
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@risk_taker_2194 Only the elite of the others say that. Do you vote green/left? That level looks familiar to me. 🐒
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I am holding my basic position. I don't have any swings open on btc at the moment anyway... Let's see if I open a position should we close above the 50s
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@Hotte1909 Top! Maybe this week it will go decisively below the 50s again, only to close above it. We've already seen this trick several times 😁
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@BigMo I just don't believe that we have really seen the top in this cycle yet....
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@stefan_21 Is this still a normal consolidation?
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@Tenbagger2024 from my point of view yes :)
I'm relaxed, my savings plan is running and if we go below 100k dollars now, I'll actively buy again :)
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@stefan_21
Thank you my dear. Good strategy 😘
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What do you think about the theory that many BTC miners are now also concentrating on the infrastructure of AI topics and BTC is losing focus for a moment?
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@kroenchenTrade With AI, there seems to be more potential price return, at least in the short and medium term. Bitcoin has underperformed the NASDAQ this year.
Especially since doublers within a few weeks or months are no longer realistic with Bitcoin, many retail investors might rather bet on the AI bubble...
Fundamentally, of course, I still back Bitcoin in the long term.
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You'll never see the 150k 🤪
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