BTC first correction coming out of a bear market and every one was jumping ship because they were being FUDDED left and right. For those of you who held on we are moving upwards into the 3rd wave of this elliot impulse wave, if you don't know the path we should be seeing for that check out my last TA on BTC.
Quick Update-
Techincal Analysis:
In this TA we are using the 3 main MA's of the BOSS METHOD the 7,77,and 231. This method was developed and is owned by Brandon Kelly aka the BOSS OF BITCOIN across several social medias. Please go pay him a view/subscription to his youtube channel. His youtube channel can be found searching THE BOSS OF BITCOIN.
What these 3 simple MA's tell us is simple and there are just a few simple rules. What we know by looking at the BOSS METHOD is that BTC just reached the bottom of this correction at 9.6k on some exchanges. We can tell that because the 7 is starting to flat line due to the 77 pushing up on it, and the 231.
Whats really special about this formation we are seeing in the chart with the MA's is that when they huddle so closely together what usually ends up happening is now they pull up together!! Hence the term The Holy Trinity for they rise together and when they do BTC will be revived officially for all the eyes to see. Very soon we will see a huge boost in BTC as the 7,77,and 231 starts going upwards from this collision of energy. Once that happens you know the quick, and long money are in on BTC.
KEY TIP:
There is just one temporary set back with this, and that is the impact that it will have on the ALT coins. The ALT coins will be bleeding for a series of weeks (4-6) and there will only be a select few that can hold their own. BTC is about to act like black hole in the cryptomarket and will suck everything up with it. It may seem that the ALTS will get a quick boost in price as BTC stabilizes but the after effect is what we are talking about here.
Money in the market of cryptocurrency flows in two way...to and from...that is the ALTS to BTC and from BTC to the ALTS. Be aware of this now as we go into this next phase.
As always...for those of you who have the patience and capacity to read
Trustme
Quick Update-
Techincal Analysis:
In this TA we are using the 3 main MA's of the BOSS METHOD the 7,77,and 231. This method was developed and is owned by Brandon Kelly aka the BOSS OF BITCOIN across several social medias. Please go pay him a view/subscription to his youtube channel. His youtube channel can be found searching THE BOSS OF BITCOIN.
What these 3 simple MA's tell us is simple and there are just a few simple rules. What we know by looking at the BOSS METHOD is that BTC just reached the bottom of this correction at 9.6k on some exchanges. We can tell that because the 7 is starting to flat line due to the 77 pushing up on it, and the 231.
Whats really special about this formation we are seeing in the chart with the MA's is that when they huddle so closely together what usually ends up happening is now they pull up together!! Hence the term The Holy Trinity for they rise together and when they do BTC will be revived officially for all the eyes to see. Very soon we will see a huge boost in BTC as the 7,77,and 231 starts going upwards from this collision of energy. Once that happens you know the quick, and long money are in on BTC.
KEY TIP:
There is just one temporary set back with this, and that is the impact that it will have on the ALT coins. The ALT coins will be bleeding for a series of weeks (4-6) and there will only be a select few that can hold their own. BTC is about to act like black hole in the cryptomarket and will suck everything up with it. It may seem that the ALTS will get a quick boost in price as BTC stabilizes but the after effect is what we are talking about here.
Money in the market of cryptocurrency flows in two way...to and from...that is the ALTS to BTC and from BTC to the ALTS. Be aware of this now as we go into this next phase.
As always...for those of you who have the patience and capacity to read
Trustme
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.
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.