BTCUSD: ARE YOU READY TO RUMMMBBBLLLLLLE!!?

Flag, pennant or wha'everrr.. this thing is pressure cooking to boil north!

No guarantees. This is based on experience of these positions.

Whilst the probability looks favourable for the north, note carefully that there is a residual probability for the south.

WARNING: New and unskilled traders are advised to avoid this instrument. No guarantees supplied. Your losses are your own.

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For me the market has only one primary objective - to give traders a sense of logic or reasoning, and then destroy their accounts by breaking all so-called rules and analyses (including my own). I'm researching a phenomenon which I have coined 'market hypnosis'. 😄

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People are asking me questions like "Are you saying BTC price is going, is up?" I don't understand why this is being asked.

I actually said "Whilst the probability looks favourable for the north, note carefully that there is a residual probability for the south." In the comments section I said "The above means I also expect price to fall from where it is (to a 49% probability)."

Some people are gonna get burned with this one. How? By not taking an acceptable loss (aka affordable stop loss - on a lower time frame. Please note my disclaimers.

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Are you still ready - to lose money?!!! Tough - if you're never ready to lose money you cannot make money in this business. Just to be clear your losses are your own.

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There was blood on the streets as panic set in over Litecoin flash crash and some issue with BTC's hashrate. Naturally very silly people dumped 'the coin'. There was 'blood on the streets'.

That's great. I went long on ETH which suffered too, but was a cheaper bet.

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Blood on the streets! Get ready! LOL