That song by Elvis

When your fake guru is $90,000 off a December close.


It's time to have a serious look at your technical analysis.

Although everyone wanted 100k for Christmas - the logic and reasoning was simply missing (can't even say it was flawed).

The roadmap pointed out the move, with sound reasoning behind why we where likely to go up, down, up and back down AGAIN.

This is the updated version from the first in March last year...


It is not rocket science:


And yet, unless it's plastered with calls for 100k+ it is wrong.

We are not Bearish Bitcoin or crypto, in-fact - quite the opposite, all we want is a good spot buy for the long time hold. We have played this game far too long to care about the sentiment of the retail crowd, the negativity for not posting full on Bullish signals.

All we setout to do was give real Technical Analysis, providing logic and methods for why Bitcoin is doing what' it's doing.

We give the distribution for the major drop.

Even the levels for the move up to it's current ATH.


And going above and beyond not just to tell you when - but providing the logic so you can fish for yourself!

Here's the biggest educational post you will find here on TradingView.

So don't be the fool, don't rush in. Understand how to get in...


Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.