Ignoring black swan pandemic, bitcoin was set to test $3k to fully shake out all weak hands.
It is 2023, we've had 5 green monthly candles. There are talks of the Blackrock (575-1) Bitcoin ETF as well as all the previous institutions waiting to get their hands on a spot bitcoin ETF. Furthermore, Larry Fink, Blackrock CEO went on CNBC to push Bitcoin to the world and we're still not above $32k resistance.
What's going on?!
Are we being played? Are they trying to incite FOMO?
The coming weeks will show us the truth. Candles never lie (lol)
It is 2023, we've had 5 green monthly candles. There are talks of the Blackrock (575-1) Bitcoin ETF as well as all the previous institutions waiting to get their hands on a spot bitcoin ETF. Furthermore, Larry Fink, Blackrock CEO went on CNBC to push Bitcoin to the world and we're still not above $32k resistance.
What's going on?!
Are we being played? Are they trying to incite FOMO?
The coming weeks will show us the truth. Candles never lie (lol)
Note
Furthermore notice in 2018-2020, we had 821D of red, so far, we've had only 575 days of red to the current bottom.
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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.