Bitcoin Update Part 2: My Call Appears to be Spot on so Far.

in #bitcoin โ€ข 6 years ago (edited)

Here was my update from about 9 hours ago:

๐‘พ๐’† ๐’•๐’†๐’”๐’•๐’†๐’… ๐’๐’†๐’‚๐’“ $8500 ๐’…๐’†๐’‘๐’†๐’๐’…๐’Š๐’๐’ˆ ๐’๐’ ๐’•๐’‰๐’† ๐’†๐’™๐’„๐’‰๐’‚๐’๐’ˆ๐’†. ๐‘ด๐’š ๐’„๐’‚๐’๐’ ๐’Š๐’” ๐’˜๐’† ๐’˜๐’Š๐’๐’ ๐’•๐’†๐’”๐’• $8500 ๐’๐’๐’† ๐’Ž๐’๐’“๐’† ๐’•๐’Š๐’Ž๐’† ๐’•๐’‰๐’‚๐’ ๐’‚ ๐’‘๐’–๐’๐’๐’ƒ๐’‚๐’„๐’Œ. ๐‘ฏ๐’๐’˜ ๐’Ž๐’–๐’„๐’‰ ๐’๐’‡ ๐’‚ ๐’‘๐’–๐’๐’ ๐’ƒ๐’‚๐’„๐’Œ? ๐‘ฐ ๐’•๐’‰๐’Š๐’๐’Œ ๐’•๐’‰๐’† ๐‘ฉ๐’–๐’๐’๐’” ๐’‰๐’‚๐’—๐’† ๐’•๐’‰๐’† ๐’Ž๐’๐’Ž๐’†๐’๐’•๐’–๐’Ž ๐’“๐’Š๐’ˆ๐’‰๐’• ๐’๐’๐’˜, ๐’ƒ๐’–๐’• ๐’•๐’š๐’‘๐’Š๐’„๐’‚๐’๐’๐’š ๐’˜๐’‰๐’†๐’ ๐’˜๐’† ๐’‰๐’‚๐’—๐’† ๐‘น๐‘บ๐‘ฐ'๐’” ๐’๐’Š๐’Œ๐’† ๐’•๐’‰๐’Š๐’” ๐’๐’ ๐’•๐’‰๐’† ๐’…๐’‚๐’Š๐’๐’š, ๐’˜๐’† ๐’•๐’‚๐’Œ๐’† ๐’‚ ๐’ƒ๐’Š๐’ˆ ๐’•๐’–๐’“๐’ (๐’ƒ๐’–๐’• ๐’•๐’‰๐’Š๐’๐’Œ ๐’‰๐’Š๐’ˆ๐’‰๐’†๐’“ ๐’๐’๐’˜๐’”).

Am I posting this update to be self-serving because my call was correct? Of course!

On a more serious note, it appears we broke $8100 which served as support. Where do we possibly go from here? This appears to be a technical pullback, but I'm very bearish in the short term. A pullback to $7800 with a good size bounce might be where we are heading. I'm less confident though about how far we are going down in the short term, compared to my update earlier.

I'm not a financial expert; this isn't advice. Please use your best judgment and do your own research.magnify pexels-photo-268460 (1).jpeg

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