Hi fellow cryptopians and crypto enthusiasts. I am going to make a fairly bold claim here today.
First off we have a bitcoin hash ribbon buy signal quickly approaching us (within two weeks) which could pump us to 50k. If this does happen it should be followed by a correction that gets boring for 4 to 5 months and should spark the new bull run by march 2023 the latest.
This analysis should not be taken as financial advice as it's just for fun but lets follow and see where it leads.
Having said all that I do believe the bottom is in and we are a very strong accumulation until march or mid next year.
* Patience is key to success*
Trade active
This trade is active and right on track for March/April
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Bull market will start in March. What does this mean? The confirmation of the break out is what it means. A confirmation is a retest of the break out, the trend reversal. Bitcoin broke out in January and looks like it might retest the break out in March, Hence the Bull market entry.
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I didn't know the path, I just knew March would be chaotic!!
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We March on!!
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I did not know the path, I only knew the cycle. March was always going to be the break out month, no matter the narratives. Narratives and news are always preceded by the charts.
Bottom hunters follow the news and are actually top buyers!
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Nothing has changed. Not only did the bull market start in March, the same cycle analysis says it should star heating up in few weeks and top out in October most likely above 40k
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