Long

🅱️ ALERT! Bears Were Right! Major Crash Ahead, Bitcoin Going...

Updated

Retraces and corrections are great a opportunity to buy-in, rebuy and reload on your favorite pairs.

This drop might be short-lived but still can be considered an opportunity to find some entry points.

✔️ Ultra-Mega Bullish Bias 600%, Absolutely Intact.

Bitcoin is set to continue growing.

Namaste.

Note

Does the Fed and the CPI really decide the fate of Bitcoin?

Bitcoin was trading at a low of ~$15,500 21-November 2022.

The Fed continued with its meetings as it has been doing for many, many decades and the CPI continued to be published as it has been happening for many, many decades.

The price of Bitcoin rose from ~$15,500 in November 2022 to a peak of $28,900 22-March 2023.

A rise of more than 85%. BTCUSD

Now, was the Fed supportive of Bitcoin?
Were the CPI numbers favorable, always at all times?
Were they reducing or increasing interest rates?

Bitcoin grew by 85%+ regardless of the CPI and the Fed.

What will Bitcoin do next?

Drop because they are raising or reducing interest rates?
Will Bitcoin crash because the CPI is 7% or 6% or 3%.

The truth is that Bitcoin has been growing since November 2022 because in November Bitcoin hit its bear market low.

Bitcoin will now continue with its very own cycle regardless of what the rest of the world think and does.

The proof is in the numbers.

The rate hikes were strong last year, inflation continues to be a problem for the entire world, despite all of this, Bitcoin continues to grow.

They are shutting down the banks that deal with Crypto, they are attacking the stablecoins, they are attacking even individuals and fighting everything that has to do with freedom, independence and growth... Yet, Bitcoin continues to grow.

Namaste.

Note

Good News Within The Bad News

While the entire Cryptocurrency industry is under attack, there is still some good news coming out of this whole phase.

The first thing is that China isn't likely to ban Bitcoin again, it has already been banned, so we don't need to worry about that one.

The real good piece of news is that Bitcoin in itself is no longer being attacked.

While we feel for these companies and beings that are being attacked by a certain government agency that I won't name, the SEC, this is part of the process and there are always challenges for anything new developing within a system that is really old.

The people running the conventional financial system are old.
The structures themselves are very old.
The laws are old.
Even the buildings, name and logos, everything is old.

Maybe they feel threaten but they shouldn't, I can tell you so.

A tree starts from a seed, grows, mature, bears fruit and then it is gone.

The tree does not need to worry about being cut, it is going to run its course regardless of what the rest of the world does.

The old system does not need to worry about Bitcoin nor Cryptocurrency as a whole.

They already went through their growth phase, matured, bore fruits and they will become obsolete no matter what anybody does.

The good news is that Bitcoin is no longer being attacked.

Will they attack Bitcoin later on or have they given up and thus are focusing on the people using the system rather than the system itself?

Let me tell you something, we have more than 7 billion people on the hard rock spinning around the ball of fire that people call earth.

The United States represent around 5% of the total population of the world... We love the United States but the SEC only represents a tiny portion of the entire population of said country, nobody should share about these people.

Whatever their true goals, it is irrelevant to us.

The world will coming flowing.
The ball will continue spinning...

And as the ball spins, the old will be replaced by the new... That is just the way nature works.

Focus on your own personal growth.

These agitators are producing tons of bad karma for themselves, they are attacking innocent people for the sole purpose of accomplishing their own goals.

You can win some of the time.
You can suppress and oppress people for some time and you might be able to get away with it.

But you can't oppress everybody at all times and think that there won't be consequences in the long run.

If you put bad vibes out there, that is exactly what you will get in return.

You reap what you sow.

Namaste.

Note

When You Think Of Bitcoin Think Of The Internet

Always go back to this point, think of the Internet back when it was getting started.

Knowing what we know now...
The Internet being what it is.

Would you fight the spread and adoption of the Internet back in the 70s and 80s knowing what it is today?

Bitcoin is exactly the same as the Internet, it is a new piece of positive technology that is already changing the way in which we communicate and exchange value.

If you knew that Bitcoin was something just like the Internet, what would be the point in fighting it?

You would be on the wrong side of history that's for sure because the Internet won every battle and it is now an amazing tool that everybody can enjoy and appreciate.

This is the end of Bitcoin, a tool that people can enjoy and appreciate, everybody can use it in their own preferred way.

Don't fight the Internet, just use it or let it people use it if that is what they prefer.

Namaste.

Note

The current price action is incredibly strong, it seems Bitcoin is going to move straight up...

BTCUSD bounced off EMA50 on the 4h timeframe and is gaining bullish momentum.

Many Altcoins are breaking bullish.

It seems we are entering the phase of everything grows.

This is something that does not repeat often but sometimes we have period when all the pairs move up together at once.

Bitcoin and the Altcoins on their BTC and USDT pairings... It seems this will be the case now!

Note

Bitcoin consolidation

Bitcoin will start a consolidation phase, short in duration while the ALTSBTC pairs grow.

It goes down a bit, consolidates near support and then moves back up.

Note

Full update on the correction can be found below:

🅱️ Bitcoin Enters Correction Mode | 15k or 10k Next? 🎁

Deutsche Bank as well.

💾 Deutsche Bank | This Is Only The Beginning

AlanSantana

🔝 Daily Cryptocurrency Technical Analysis
followalan.com

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