Honestly, I made a blind bet. Nobody can predict the future.
However, markets usually 'trend' only 20% of the time. The other 80% it only 'chops'.
I made a rough count of 'chopping days' (periods of time without a defined trend) and I counted around ~285 'ranging' days in 2019, which equals to roughly ~75% of the time.
My odds were higher. That's all. Was 'probable' that Bitcoin needed some time to rest after a month and a half of full upside.
I've 'returned' your LEO's in upvote form (plus some). I have to say that you're not necessarily wrong, but 'trading' with deadlines usually ends badly for the one taking the bet.
Have you ever heard of binary options? I summarize:
I bet 100$ on Bitcoin being at a higher price in 1h.
If I win, I make 98$ profit (100+98$)
If I lose, I lose my 100$.
Most of these players end broke as fuck. The market will always reward the patient over the impatient (can you identify your side with that 5 LEO trade? ;) )
Hope that lesson is valuable for you :)
Enjoy Friday.
RE: Nothing really happened, I just lost my bet on Bitcoin...