Hi guys, I hope you're enjoying the volatility! Buckle up because this is nothing comparing with what we will see if this sucker hits 4k & I don't even want to imagine if it wants to go to 5k
I said it before, I wouldn't expect nothing less than $500 dollar movements up & down every three or four days when we are approaching the top.
If this red support line doesn't hold, we're going straight to the next fib line down to $3160 for a 50% correction since the parabolic movement started. It's even possible that we go all the way down to test the $3k level before we can shout up again.
So this morning I sold most of my BTC for USDT at $3380 as soon as the moving averages crossed & two candles closed below moving averages. (I hope you've seen the top comment in my last YouTube video warning about this with time).
I now bought some BTC at $3266 & I have an automatic buy order to buy more at $3165 if it hits that target. I would expect a couple of days in the red numbers for the market cap in general so it might even go down to test the $3k level in the next couple days...
Remember this market is very risky, invest only what you're willing to lose!
That was all for the quick update ;)