BTC at 72k and everyone's afraid to buy any coin 🫣😫😱
Well if you're one of those that are holding the buying until a correction happens, you should hear me out.
Before I comment on the market now, I'd like to commend you for making risk management, capital preservation and profit taking a priority. Making an exit now is really the best thing to do at this point if you'd like to trade safely.
BUT..... 🤣😉😫
if you're a risk taker like me, and still would like to trade at this point in time. Let's go take a look at the chart 😂😅😬
👀The BTC weekly chart is really interesting. The KDJ stochastic oscillator detected FOMO volume in three consecutive candles. This is really wild brother.
MEANING BTC IS STILL GONNA GO UP😜😱. SINCE FOMO IS DRIVING IT WILD, IT LITERALLY DON'T HAVE ANY OTHER CHOICE. IT MUST GO UP.
You know, I'd prefer that it goes down a bit to at least 68k, it's not scary to enter the market if it does that. But No, weekly chart is BULLISH. As the saying goes we should go with the flow. So again, don't go short brother, you'll get rekt.
As mentioned before, bullish double bottom has long been formed in the weekly chart. Upside target is 107k. Really huge😂. Plus the stochastic oscillator now is shouting FOMO😳.
I guess I'm still going to trade, I will buy more of PEOPLE since it hasn't x10 yet. 😉
DYOR. NFA. Follow me for more chart updates. I post daily😉. Thanks brother