Long

🅱️ ALERT! Bears Sweating 😓 | Bitcoin About To Gain Maximum...

Updated

All of the Bitcoin bears right now are in deep hot boiling water and they are starting to sweat...😬

What is happening you might wonder?

Here is the deal, Bitcoin is about to gain maximum bullish strength!

After the 11-September drop Bitcoin closed four consecutive days green, something only seen in 2023 before a strong bullish breakout.

Next, Bitcoin manages to conquer EMA200 and EMA50, major resistance levels and today wicks below these levels but only to close above...

The fact that Bitcoin is set to close daily above EMA200 and EMA50 can only mean one thing... Maximum bullish growth!

👉 $35,000 Is only the beginning... We will see $37,000, $40,000 and beyond.
Check the "Related Ideas" for more.

Thanks a lot for your continued support.

If you enjoy the content, make sure to comment and follow; it really helps... When you do so, it does something to the algorithm that somehow pushes my articles up.

Wishing you the best.
See you in GREEN!

Namaste.

Note

People always tell me, "Alan, why are you so tough on the bears, why are you so evil... These people are losing their houses and everything. You talk about meditation and compassion and yet you show none when it comes to these Bitcoin bears shorting 100X on every piece of bearish news..."

Please, I understand... Let me explain!

The situation with Bitcoin and the Cryptocurrency market has been clear for a very long while.

The charts can't lie, numbers don't lie; the bigger picture is up.

Trust me, I am sharing all these articles (trade ideas) with the utmost positive intention, trying to warn everybody about what is coming, the fact that Bitcoin is not going down but going up.

What do you see when you look at this chart?

If you are not convinced with the EMA200 weekly article, then there are another 100 trade ideas with great signals showing a bullish bias since November 2022 when the bottom showed up.

You know what, it is true, I need to work hard...

Everybody, it is time to go LONG!

Wishing you the best.
Remember to do your own research, because the market can always turn...

Thanks a lot for your continued support.

It's been my pleasure to write for you over the years.

Thank you really.
See you around... We are here long-term.

Namaste.

Note

Please, do not shoot the messenger... I come in peace.

The last time Bitcoin traded below $20,000 was 13-January 2023, 251 days ago or a little over 8 months.

After Bitcoin broke the $20,000 barrier it never went back.

10-March Bitcoin wicked below this level for a few hours but closed the daily session above it, confirming this level as strong support and the ensuing action confirmed maximum bullish strength.

After March through present time, 195 days or 6.5 months, the lowest level Bitcoin hit was $24,770 mid-June.

These numbers reveal maximum bullish strength based on the long-term.

Bitcoin could visit any price above 20,000 and still remain ultra-strong.

From the mid-June low through present day we have 98 days or a little over three months... Bitcoin always move after 2-3 months and just recently we have a higher low.

We will let the market take care of the rest but chart continues to speak... It is giving us so many clues that it is hard to miss what comes next!

Do you agree?
If you disagree leave a comment with your chart and proof.
If you agree let us know why... The charts are speaking, what are they saying to you?

Namaste.

Note

The final nail in the bears coffin...

Three (3) consecutive 3D sessions closing GREEN! This is it!

Major growth, a repeat of early 2023.

At no other time has this signal been present in 2023.

Major consolidation is taking place when we get 3 3D sessions closing green; what follows is a major advance.

This signal is present twice on the bearish side and it signaled a major drop:

1) Late April through early May ended in June's low.
2) The next one is mid-July that ended in the August low.

This signal is now working in reverse and is only present in January 2023. 3 3D sessions can be seen all around but only as major advances... When this pattern shows up as consolidation be aware... God knows how far up it will go!

We need a close above 26,770 today (21-Sep) for this pattern to become valid, complete. 3 3D sessions green!

Note

Here is another interesting long-term signal that favors the bullish perspective; EMA50 monthly timeframe.

Here is the chart:

There is lots to look at when considering EMA50 but the most important fact to point out is the break of this level as resistance in March 2023. This happened with high volume and with a strong bullish candle.

The last time such an event took place was back in March 2019, BTCUSD breaking EMA50 monthly to the upside.

Here is a full analysis on the monthly timeframe, I hope you enjoy it!

🅱️ Bitcoin Monthly Reveals The Truth For... Back To Basics

AlanSantana

🔝 Daily Cryptocurrency Technical Analysis
followalan.com

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