BTC technicals are against ATH. Liquidate

[Karartma1]

Why is it so hard to understand that we are in front of the best performing asset of all times? I know that for traders can be hard to understand this but after 11 years I guess that should be clear by now, shouldn't be?
Forget about TA and keep stacking satoshis!

[Beparanf]

Fact is nobody on the planet can predict bitcoin and it's movement.

Yeah, It's true in all assets but a group of whale with massive holdings can change the trend of BTC in a split second especially on the current condition of BTC which is fear is already high since its already break the long time ATH record. I'm sure that many traders that playing futures will setup a long position at this stage that's why I'm what will gonna happened on the next move of BTC.

[KTChampions]

Why is it so hard to understand that we are in front of the best performing asset of all times? I know that for traders can be hard to understand this but after 11 years I guess that should be clear by now, shouldn't be?
Forget about TA and keep stacking satoshis!

I like your optimism, but the things that are obvious now have not been obvious in the past. It is very easy to reason so knowing the past. For example, are you now ready to take out a loan (or sell a house) and invest all your funds in bitcoin? It seems to be promising, but very few people will dare to do this, right?

[STT]

Fact is nobody on the planet can predict bitcoin and it's movement.

Fact, people like facts and the unfortunate belief we as humans have any absolute perfect knowledge.  We dont, we have probable outcomes and thats all we are ever trying to predict to improve chances on a guess which way we go up or down on various time scales.

There is really not much excuse to be negative at present, only the simple take that after a great rise you have more basis to sell from and reason to take profits.   Ultimately and we can forget the idea that BTC usage is the true price movement.  I speculate on a price but I sell to use the profits for actual goods or services I wish to use and consume.   If BTC is not on my list to consume as a product then its not relevant, however owning the asset involves paying miner fees and so on but imo its still applicable we have 2 distinct dynamic in speculative and actual fundamental usage of BTC.

[LUCKMCFLY]

What you have to do for now is to continue in Hodl mode, the market is increasing despite the rebounds of the pandemic, you must continue in the game, at any moment the price may fall, perhaps a retracement that is normal, but a lot of money has entered the market, the technical analyzes that indicate some liquidation do not see it viable, not at least in this December.

[Karartma1]

Why is it so hard to understand that we are in front of the best performing asset of all times? I know that for traders can be hard to understand this but after 11 years I guess that should be clear by now, shouldn't be?
Forget about TA and keep stacking satoshis!

I like your optimism, but the things that are obvious now have not been obvious in the past. It is very easy to reason so knowing the past. For example, are you now ready to take out a loan (or sell a house) and invest all your funds in bitcoin? It seems to be promising, but very few people will dare to do this, right?

I don't like your answer, maybe I didn't understand what you wanted to say. “If you don’t believe it or don’t get it, I don’t have the time to try to convince you, sorry.” Someone better than me said that a while ago. You do your own reasearch, there are no shortcuts.

[wxa7115]

Fact is nobody on the planet can predict bitcoin and it's movement.

While true most people refuse to accept this simple truth, that does not mean that even with that limitation money cannot be made as a trader, but predicting when the market is going to move in a certain direction and also to predict accurately the magnitude of the movement is something extremely unlikely.

And in the off chance that happens for some and then he shows you that he predicted the market it still means nothing as probably millions of predictions about the price of bitcoin are made everyday and some of them are bound to be right from time to time.