Glossary, or how to understand this btc prediction 101.
Speculative/short term = what we see on hourly or 15 minute chart. It is max up to 3 days, and it is technical. Basic confidence level.
Confirmed - means a very high confidence trade, it is major move. It is in this case based on my big Bitcoin update (great accuracy track record).
bottom - means price target I don't expect to be reached, but if it breaks the bottom, this is the area which I refer to something that's still bullish. Something still not violating our confirmed target.
62345 target is fully valid if we reach 42k first. 42k target is not valid if we reach the 62345 first. It has to be reassessed.
The safest play is the bet given two days ago. The short here is a speculative, high risk, gambly type of play.
Every single trade comes with a risk, don't think I'm not able to make a mistake. I am, I did, and I will continue doing so. My goal as a trader is to continue evolving and progress to doing even fewer mistakes and being even more often, more precise on targets (although I'm VERY VERY precise so right now we don't need to boost that one)...
I hope this little glossary or explanation clarifies things for new followers. And welcome, thank you for following me at Blockchain Whispers
Brother in crypto,