Bitcoin
Long
Updated

Just look at that 200ma money flow at 30,000

264
I don't know anyone that will sell bitcoin anytime soon. Taking profits at this stage of a bull market would be very risky for the potential gains moving up the next couple years.
Anyone holding atleast 1 bitcoin will be setup for the future. Once bitcoin passes the 6 figure market price it will not drop below it. So here is the big question that is weighing on my mind. Why are people lacking common sense to buy and hold if projections like this is coming.
This chart shows that the bull market is here. Right now the market has recovered and holding that 200ma money flow perfectly. Future is bright and green.
Note
30k looking good above the 90ma and bitcoin is preparing for a 60% support
rally to 48000
Note
FUD and FOMO
Some people don't have enough capital to trade a wide range of tokens to justify returns so they dump the slow and buy the trend and miss out on the potential when it happens. Bottom of the markets you buy, hold, forget and evaluate your growth every 3 months. During a Bull market you buy, forget and keep buying until growth slows down during the expected end of the bull market. Now the expected bull market continuation from the bottom could be manipulated much longer than 2025 because of the overwhelming support expanded throughout the world and now bitcoin is expected to generate a grand supercycle from the ETF blackrock news. This could change the 4 year cycle to an 8 to 10 year cycle so stay on top of the expected growth and don't base your entire capital on small minded gains. This could be the big one that only happens once or maybe even twice for most that were in crypto early like me and several people i know personally.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.