Good morning WO!
Observing @ $7,346
Are we going bullish?
As long as we stay below $8.200 in january, i'd be bearish (short term).
And if we go above, would your guess then still be the same on that game??
This is a good question. To be true, i am bearish atm (fully since 11/2019), until
after the halvening. That's why i decided to prepare for $5-$6k zones around end of Q1/2020.
If the price breaks the upper boundary of the downtrend channel, within january respectively (around $8.2k), i'd likely change my sentiment and i would have to admit that i chose the wrong bet for April 1st. Which would be the same "mistake" like in the last Q4 game, just the other way round.
EDIT: Why?
Because i was wrong too many times in the last two years, just because i didn't wait for confirmation of various buy or sell signals.
I am interested in your "edit" comment at the end
bolded above. Do you really believe that there is such a thing as "buy"/"sell" signals? Wouldn't we be MOAR richie if we knew about such purported signals? Surely, after the fact we know all kinds of fucking things about the existence of such 20/20 hindsight buy/sell signals, but I doubt that they are so damned clear while in the midst of the process that any of us are going to transition into MOAR richie rather than MOAR poor for our gambling upon such bullshit purported signals.
Good luck with playing around with your purported "buy"/"sell" signals....,
this time is different....
Well, you should know me better now, JJG.
Lemme explain:
1. Of course there is nothing like those "signals", just "recommendations" or "hints" from "traders" for market moves based on TA and pattern analysis. Those are purely virtual.
2. I don't trade. I used these trading terms to label certain "points" in trending, where i consider the price to go up, down or change momentum/direction/steepness (however). I am using trader-language, that's visible and correct.
3. About my other, older post to which you responded: OF COURSE i don't guarantee any movements to happen, expectations are purely based on my personal judgement of market movements (see above).
This time i was mainly right, but i don't see myself as expert or advisor or whatever, just trying to learn about market dynamics and occasionally leave comments for probably getting
non-destructive feedback.
I hope i made myself clear, don't try to read between the lines, there's just empty space to find
I consider my comment to be responding to the substance of what you are saying, and they are not attacking you personally, but they are attacking the idea of knowing or predicting BTC price movements with any certainty.
I would not consider attacks upon ideas even if the tone is fun, strong, confrontational, flippant or some other variation to be destructive, because these are comments in a public thread about ideas and anyone can respond to such ideas, if they so choose, or refrain from such comments.
Of course, if a comment is directed at me, I am more likely to notice it and to consider responding to it, including the fact that if a comment is directed at me, it is also directed at a topic that is more likely to be of interest to me.
By the way, I attack Hairy barey's fractal pattern ideas a lot, even though I tend to agree with a lot of them, but I do become a bit hostile with both TA and with impressions that seem to overly assign probabilities to short term BTC price directions, whether I am wrong or not, I believe that it takes a quite a bit of analysis to attempt to predict short term BTC price directions, and even if you get a lot of it right, human beings have a certain amount of free will, and there might be some lurking in the behind the scenes merely to prove that the majority was wrong in their attempts to ascribe high probability to price direction UP, DOWN, Sideways or whatever other variant is attempted to be predicted in the short to medium term.
Of course, short to medium term can be less expensive to control than longer term, and of course if BTC prices can be manipulated beyond parameters, long term trajectories, might end up getting affected by that, too... perhaps, perhaps?
Hahahahaha
The germans have been under attack, recently....
I guess so, yep
EDIT: Donaudampschiffahrtsgesellschaftskapitän
What is next? Competition now coming through with the walls of long words? Go figure!!!!!
Poll
