My current lower time frame outlook on the #Bitcoin price alone

As you know I'm a bull, have been and will continue to be. But it's important to stay realistic about the price as everyone is getting super excited atm :)
We are still in a range and init we probably stay a bit longer.

However, for the current present, we should be moving up.

We faked the range low which was highly anticipated and now reclaimed the so important 35K.
Some small dip here, maybe retest 35K and then move towards 40K is the outlook for this week.

How we get there & react is for a further observation but for now, I'm thinking we gonna retrace a bit again, scare the last people off and start going up again, marking this THE Bottom
However it's also super important to keep in mind, this is just the bias for now and we gotta go from level to level.

Many things can change along the way and we have to be able to adapt

Now let's get that 40K #BTC 💪

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More from @jackis_trader

31 May

I think a lot of people tend to overcomplicate things

We gotta stay true to the basics & those are that we are still in a healthy bull market. This is not hopium, it's what it is

Price only came back to retest the previous supports and reacted nicely
This is obviously very bullish and if this would be your favorite #altcoin on the hourly timeframe you would be buying with haste.

The problem is this is not an hourly timeframe but a weekly and that takes time to play out.
However, most people truly are zoomed in on the hourly and they sell right into the big support when the market is in FEAR and that's never a good play.
Read 8 tweets
12 May
Been right on all these mentioned $ALTS with 50-200% moves 🔥


$EOS #EOS Image
Read 10 tweets
11 May
Yo, I'm back with this complex Risk Management thread that I feel so many people need yet so many do not know.

I also feel like this is maybe the most important thing you should study and apply right now. Way more important than any TA or FA.
From this very simple box below you can see how easy it is to lose capital if you risk too much but how hard it is to regain it back.

Therefore your main goal shouldn't be making money but protecting what you have. Then you can focus on making them.

Every person in the world sooner or later runs out of luck and experiences series of losing trades and some drawdown

It is inevitable

From the box below you can see how quickly it can disappear with risking 20% per trade/coin vs how you can retain a healthy amount by risking 2%
Read 14 tweets
25 Apr

Many people got very scared the last two weeks considering the moves in #BTC price.

This thread will help you gain all the clarity you need for months to come and understand why this is still a great and maybe last good time to invest in #Bitcoin cheaply.
First of all, it is important to realize the dominant Higher Time Frame trend is BULLISH 🐂

We are talking about a Monthly or even Quarterly timeframe.

And you must understand that this sharp downward movement is nothing but a healthy correction in a larger trend.
Many media news will show you a picture of this kind, stating how $BTC is crashing heavily with a move of - 25% in 11 days and that the bull market is over.

This is being done with the intention to evoke fear in you and sell your #Bitcoin so that someone else can buy cheaply.
Read 28 tweets
8 Mar
A lot of people have long-term HODL positions but how to actually play those really many ask?

Unless you plan to take them to your grave I will try to give you a few tips on how to do so.

A lot of people say HODL but then they end up HODLing a coin(s) for 1000% gains only to see it go -98% later on and spend another 3-4 years HODLing through it.

That leads into:
- Huge opportunity cost
- Very stressful times
- Selling the bottom
While HODLing is a great thing, you still need to play it right and that is done by buying in at HTF areas.

I'm personally using these:

- Monthly, Weekly supports
- Passive DCA on -50 to -90% retraces
- New listings of promising projects
Read 9 tweets

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