I'm seven days into my swing trade so I need to pull the trigger on it between now and three days from now. I think the price is about to make big moves, I'm just not quite sure which direction. Judging by how weak the market feels I would say there is a 25% chance of it going up to 12k and a much bigger chance of it dipping under 9k. I've set an aggressive stop loss at $9777. Fully capitulating if that 10k support gets shattered. The price is already very very tight around this range.
However, there is still hope. We've gone down 3 times, popped back up, and gone down 3 times again. I see a lot of triple patterns in the market, so this could be bullish despite the timelines not quite adding up.
This is another situation where I wish I had taken my own advice as far as the rule of three is concerned. When Bitcoin hit $13.8k we were all riding high, but it had just spiked up 3 times in a very predictable manner.
