Every April Since 2013
Thank you for visiting my first post!
Hopefully this chart will put this market into a broader perspective for you. As we can see, every April has led to a blessing of 30-200% gains over a 1-3 month following period. Right now, historically speaking, is probably the most reliable time of year to buy.
I understand the top TA's on here who are looking at the short term charts are saying otherwise, and I don't doubt that we may see a slight correction from here before moving upwards.
But some are suggesting today's spike was possible whales/manipulation. Other people are saying it was a FOMO pump. Here's why i disagree.
1. Whales are investors too, and are probably aware of this 5 year trend.
2. Today's pump was likely not the "whales," but people who saw last week's resistance become a line of support. If you look closely on the 1-month you see a small bounce off that new support line before the spike.
I have great confidence that Bitcoin is starting it's annual Spring bull run. It reminds me of a Buddhist quote:
"Even the god of Spring doesn't know where the flowers came from."
I love you, but this is not financial advice.
Click responsibly.
-Dogecoin_Shill
Hopefully this chart will put this market into a broader perspective for you. As we can see, every April has led to a blessing of 30-200% gains over a 1-3 month following period. Right now, historically speaking, is probably the most reliable time of year to buy.
I understand the top TA's on here who are looking at the short term charts are saying otherwise, and I don't doubt that we may see a slight correction from here before moving upwards.
But some are suggesting today's spike was possible whales/manipulation. Other people are saying it was a FOMO pump. Here's why i disagree.
1. Whales are investors too, and are probably aware of this 5 year trend.
2. Today's pump was likely not the "whales," but people who saw last week's resistance become a line of support. If you look closely on the 1-month you see a small bounce off that new support line before the spike.
I have great confidence that Bitcoin is starting it's annual Spring bull run. It reminds me of a Buddhist quote:
"Even the god of Spring doesn't know where the flowers came from."
I love you, but this is not financial advice.
Click responsibly.
-Dogecoin_Shill
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.