I longed what I thought would be the temporary bottom at 69k, hoping for a final bounce. I've been boboposting since we've entered this bear flag, but I longed right when we're getting out. I've already lost most of my savings. The liquidity on 75k will get hunted, right?
Probably not, unless you see more capital flight out of the middleast, but even if you do, it’ll be short-lived until the Fed starts printing again.
Bro... I remember your threads from like 1 or 2 weeks ago. You were shorting. That was the right call. And you're missing the big dump. They set you up. Not even TACO works anymore
Literally any kind of liquidity crises could fuck you. And the longer the Iran crisis continues the lower the possibility of you generating profit.Energy shortages have historically resulted in miners dumping in order to stay operational. You’re unironically in a bad position and it’s probably gonna hurt.
>>62041443No this is the big one. Go look at the dump when February started. This is the exact same thing, targeting 40k
>>62041443Also, you knew this was a bear flag and opened a long anyway. Do not trade against your beliefs
>>62041443It'll go higher than 78k, probably like 85k. But the stops need to get taken out first.
>>62041535The thing that pisses me off is that I shorted 71.9k, and I took profit on 69k, then longed waiting for the reversal. If I was greedy and didn't took profits I would be up a lot. And if this was actually the dump to 48k, I would have made a 3x.
>>62041795I know. I've been shorting the whole bear flag, and I've been liquidated 3 times already. I started to scalp a few days ago waiting for a final pump, taking several longs and shorts, actually doubling the money I had for the big leg down. But I messed up at the worst time possible. And you know what hurts the most? Seeing all of our bobros celebrating on the board, knowing that I can't be part of the party.
>>62042166Bro, start shorting TAO. Look at that chart. And that coin is all bullshit. There are still some great picks to short right now. The fucking bulls gaslighted you and made you doubt yourself.
Why TAO? Well, because it has pumped a lot and all due to some scammers hyping it up about AI. And it's all bullshit. Like literal bullshit. It's gonna have a very similar dump to ZEC. Just look at that chart and ride the wave
>>62042166>>62041443How are your trades going, bro?
>>62043928I've had some rest as this RIGHT NOW seems to be the bottom. I'm not gonna add to my long, but at this moment I'm not as afraid of getting liquidated in five minutes.
>>62042205I'll seriously consider it anon, thank you.
>>62041443All crypto is in a descending wedge OP. We wont see the bottom till around June/July.