The knife catchers by now shouldn't really have anything left, no ? :P
There is nothing bullish about this chart until $BTC reclaims $3300.
Your obsession to knife catch a "bottom" is directly proportional to your account erosion.pic.twitter.com/JnpB2RxkIs
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Knifecatching is an art. And like artists, most of them are poor
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Ahh yes, the poorest smart guy telling the world why they're wrong.
End of conversation
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Best and safest way imo to avoid this is waiting for a daily SFP unless you like pain
and like you said: account erosion -
He sure loves talking about account erosion didn’t he?pic.twitter.com/ztZfUONaop
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Just like there was nothing bearish when BTC was 18k. I promise you that most traders will be caught by surprise when BTC turns.
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It's not an easy task convincing every conservative bear market trader to short the bottom but somehow it has to happen. If you're not averaging into any position right now, I look forward to seeing you on the other side of 5k. If have to go all in at 2,9XX, so be it.
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