Bitcoin Countdown

Hello friends,
It has been a very interesting day of day trading bitcoin. We touched a high of $680 in the past 24hrs and a low of $610.00. For most this is a difficult thing to watch. I feel a lot of people are sitting on there coin and waiting for the halving.

I just watched a video from fellow steemit mind craig-grant . I have to agree with several things he has to say. In theory Bitcoin should go up. But when has BTC ever done anything people expect it to do. If the masses are saying up, we go down first then people panic and sell and we sky rocket up. I think far to many people are trying to board the BTC mother ship to the moon. The last 24 hrs have been a prime example of what is to come, in my opinion.

It is difficult to project a number at halving, I was set on 670-680 day of. But with the volatility over the past 24 hrs. It is going to have to take a hard bounce off new lows that should be set within the next 10-16 hrs.
I have decided to sell all my BTC at an average of 670 within the last 36 hrs. I personally believe we will see $540-$560 in the very near future.

BTC will not do what everyone expects and if you are day trading like me I suggest you minimize your risk. There will be $100-$200 moves this week. One thing I have learned the hard way is DO NOT PANIC, if you are new to this BTC thing panic selling is doom. Don't do it, we will have several peaks and valleys. Be patient and think before you trade.

This week will create thousands of bag holders. My purpose to this update to my day trading activities is to help you maintain balance. Do not get lost in the hype of this, it is not going to be instant. This will play out for at least a few weeks.

I am currently trading on a 5 min. chart. I know most pros would be calling me a NOOB after reading this. But hundreds of hours have gone into testing and I am extremely successful with what I am currently doing. There is to much going on with halving to dive deep into this method. I promise I will provide in detail the method to this madness in the very near future. What I would like to suggest is, over the next few days FOLLOW THE MARKET. Don't get sucked down the rabbit hole of the troll box. If you are going to sit on your coins it is probably best you do not watch the market for the next 2 weeks. Unless we hit $1000.00 per BTC, then you might want to pay attention. Maybe set a alert on your phone for 1k.

If you are going to try to day trade this. Buckle up and hold on, this should be a great experience. If you are new and need help. I invite you to check me out on trading view. I go by Ares88 there. I will be posting all of my entries and exits. I would love to hear feed back and talk shop. As I stated in my first post. I am looking to create a network of traders. Pro or noob, all opinion are worth hearing.

There will be big moves made by whales, be careful. I am just a small time day trader, there are many like me. We can learn from each other. We should be willing to help each other. Any help I can give is with the intention of all of us prospering.
I wish you all the best of luck!