Dear followers,
A Possible scenario is shown in the chart.
When to take profit on BTC?
You Can Make Money Right Now .
Long Term:
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take profit !
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I sold at 52 and 55k :)
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Take this chance
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you can set a Buy order (20%) at $ 52k
you can set a Buy order (20%) at $ 50k
:)
you can set a Buy order (20%) at $ 50k
:)
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$ 53900
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Now it's not a healthy trend.
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greater fool theory!
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In finance and economics, the greater fool theory states that the price of an asset is determined by whether you can sell it for a higher price, at a later point in time.
On assets where the theory applies, it is implied that the asset's intrinsic value is less important than the increase in demand, however irrational it might be.
Any person buying the asset might be a fool, but a person buying the overpriced asset later on, for a higher price, is deemed the greater fool.
Wikipedia.
On assets where the theory applies, it is implied that the asset's intrinsic value is less important than the increase in demand, however irrational it might be.
Any person buying the asset might be a fool, but a person buying the overpriced asset later on, for a higher price, is deemed the greater fool.
Wikipedia.
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You can not withdraw $ 1 from the market unless someone enters $ 1 at that price ($ 55,000)
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I am not a bearish man by nature, but I should insist on "a healthy trend",
"healthy trend= up movement +retracement"
Uptrend without any retracement is equal to a sharp fall in near future!
"healthy trend= up movement +retracement"
Uptrend without any retracement is equal to a sharp fall in near future!
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herd
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Saturated Bitcoin !
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Take the money and run ;)
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