With Bitcoin, patience is key, especially today that we have a new moon solar eclipse.
Bitcoin managed to recapture EMA300 as support, which is great but the action lately seems lacking for better or worse... I know doubt can creep into people's minds and hearts in a single day.
I've been looking at the Altcoins market as I normally do, I can tell you that everything looks pretty good.
Retraces tend to last between 4 and 7 days, no more than that. Anything longer develops into a bearish impulse and we have not seen those since 2022, mid to late.
I've been looking at the Altcoins because that's where we can find the proof, full green candles today... The bullish wave now resumes.
Bad news is always near but this isn't bad news, just a caution that I would like to say. The market is going full green in October but this can develop on the later part of the month, we are still within the old consolidation phase.
Good news is starting to come out, but the people not yet. Have you noticed?
Instead of all the negative of a few months past, things are turning when it comes to the Cryptocurrency market, people are ready to adapt new possibilities, new ways of thinking, new options... New money! Crypto! BTC!
Enjoy your day and stay safe! Pray/Meditate to the New Moon Solar Eclipse! 🌚
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