Oh damn! I just saw my target has been hit at 55k. Yeah as I said 5 days ago in this post that bitcoin has shown its fangs to go to 55k. And now have touched 55k, my target has been achieved and as I said in my previous post that I have placed an auto sell at 55k.
But yeah, every plan will surely come true, and sometimes every plan won't come true. What we need to do is analyze it, and don't forget the trading system and money management. I can confirm that no trading technique is 100% profitable, so what we need to do is use a technique that can give us a consistent profit and that suits our trading style.
So where will the bitcoin price go now? For now I'm looking for the right signal to buy bitcoins back. Like the chart above, it might will go down to 48k then up to break the 55k zone.
Or maybe it will pull back a little to the 51k zone and then destroy the 55k zone to make a new ATH. I will wait for the price to be in the right place to buy back bitcoin. :)
Have a good day
