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It may seem like I'm joking, but I agree with everything you're saying here.
I trade bitcoin since it cost 500usd, and yes, if I wasn't addicted to trading BTC, I would have much and much more than I have now, 1000usd was a strong resistance, then 5k too, but when it went to 17k I was all short at 10k, when I rebought everything I had at 17k and it went back to 5k and stayed below 17k for a couple of years, When I decided to recover by making more trades, mainly with altcoins, and suddenly BTC was above 25k and I was full of alts and full of accumulated losses.... and these losses have always continued to happen... But that's not why I stopped trading BTC..., I can say that I'm still addicted to it today,... 40k was also a resistance that lasted quite a while,...
But, worse than the losses, it was necessary to sell out of necessity,, after it went to 60k and came back below 30k, I needed to make a big sale for health reasons, it hurt even more after I sold below 30k and the price went back above 60 and quickly was at 100k, how then can I say that trading is better than just buying and keeping?, But yes as I said before, I also get it right, and when I get it right, I leave the profit in BTC and not touch, and there is a part that I don't sell and even if I can't, my intention will always be to trade BTC, whether I want to or not, practically when I can, I've been looking at the price of BTC every day for more than ten years, And incredible as it may seem, it makes me feel good....
I also don't follow anyone's trading ideas, I just follow my ideas,, and my way of trading is based on trend, moving average lines 50 and 180, I follow the timeframes of 1h, 1D, 1w 1month charts, and volume, and what guides me, are my trend lines that were drawn in the monthly, and the other timeframes follow and where these lines intersect, I see great opportunities, blue lines for uptrends and red lines for downtrends previously traced, and as incredible as it seems, the price follows them., I could put a print of my TradingView's chart full of lines here, and it would be a beautiful reason for everyone here to laugh a lot, not to mention that I already assume that I am a mischievous reason for having all these losses...
About 120k being a temporary resistance, I can say based on my weekly chart tradingview, 116 would be the resistance and 124k the highest price so far, and if we don't lose the 116k the price can try to go to the next crossing of lines which would be at 157, and 180k, but, the next touch on the blue line would be at 131k, As this week was a sell-off, then the greater probability is to go for the moving average of 50 in the weekly that is at 93k, but really in the last two years the price has been more high than low, so it is a little difficult to see the price go to 93k,, and it can be said that 100k has become a good support..., but these are all predictions, and I can't see the price drop much...
***But one thing I give you for sure, even if necessary I need to sell my remaining cryptos,, in the best opportunity I will buy some amount, just to be able to trade with BTC, this has become part of my routine, every day I need to see the price of BTC
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