BTC/USD - Bitcoin shows STRENGHT, despite volatile markets! 🧐
Did you know that historically all military invasions since 1960s were a great time to BUY as the market rallied after?
Same for the Russian invasion of Ukraine, the FEAR in the market at that time was a great BUY opportunity. So far, this proves accurate.
BTC continues to make higher lows and appears to have formed a mild uptrend (dotted line). Yesterday's red candle gave us some anxiety that BTC may fall, but look at us today, back in green... and it is a MONDAY.
Curious price action.
Lets see if this uptrend remains intact, if so, then BTC may actually be consolidating under 40k before the breakout...
Lower timeframes like 12-hours are already bullish. So this looks promising.
Bias is somewhat bullish and the whole market may pump as soon as BTC breaks above 40k. Most altcoin charts corrected over 70-80%... so... yeah. I would not dismiss a nice pump.
Note, I am not saying we are reversing here and going into a new bull market, not really, but this downtrend seems to be coming to an end.
Time will tell, lets see.
Like and follow if you liked my idea!
Same for the Russian invasion of Ukraine, the FEAR in the market at that time was a great BUY opportunity. So far, this proves accurate.
BTC continues to make higher lows and appears to have formed a mild uptrend (dotted line). Yesterday's red candle gave us some anxiety that BTC may fall, but look at us today, back in green... and it is a MONDAY.
Curious price action.
Lets see if this uptrend remains intact, if so, then BTC may actually be consolidating under 40k before the breakout...
Lower timeframes like 12-hours are already bullish. So this looks promising.
Bias is somewhat bullish and the whole market may pump as soon as BTC breaks above 40k. Most altcoin charts corrected over 70-80%... so... yeah. I would not dismiss a nice pump.
Note, I am not saying we are reversing here and going into a new bull market, not really, but this downtrend seems to be coming to an end.
Time will tell, lets see.
Like and follow if you liked my idea!
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