Before a major bullish event, the market tends to go sideways or into a retrace. Since the event is bullish, prices grow. Preceding the event the market gives out everything that isn't what will happen after the event, like a detox.
Now, Bitcoin is a very strange monster, kind of like a virus but in the good sense of the word. It changes, mutates, evolves, upgrades outdated decaying systems. So it isn't likely to crash just because the market is about to turn ultra-bullish. It is the other way around, since everybody already knows, nobody is willing to sell. In reality, everybody is buying like there is no tomorrow.
So Bitcoin can go sideways or into retrace until the Fed announces that it is cutting whatever interest, you know these things. So when they do their thing, the market will be ultra-bullish and that's when Bitcoin will produce its bullish continuation. Right now there is a period of consolidation which is being used by the whales as accumulation.
Remember when I was saying you will look like a genius for buying below 80K?
It is the same situation all over again. When Bitcoin is trading at $150,000 or $200,000, you will look like a genius for buying below $110,000. That's the way it is.
So, slightly bearish before the event. There can be a market flush but these are going to be limited because Bitcoins can be lost forever. It is a fight between whales. So if some whales decide to manipulate the market trying to cause some panic, other whales will be happy to buy everything at the lows and prices recover.
This means that Bitcoin will be consolidating until the announcement, after the announcement; "We will cut rates certain numbers of points..." Then all heaven will break loose. It will be money-up good news.
Do what you do, just be good, know that Bitcoin and Crypto will grow there is no way to stop this wave we are all going up. Those that were hating are going to be hated by their own selves because nobody will know who they are. We are going to be party-rocking like a rockstar because not only Bitcoin but we are going on a global bull market. You can bet on it. And if you do, you will be glad you did and you will be extremely happy with the result.
There is no way to stop Bitcoin.
There is no way to stop this wave.
The entire Cryptocurrency market will do awesome in late 2025. Are you prepared?
Thank you for reading.
Namaste.
Now, Bitcoin is a very strange monster, kind of like a virus but in the good sense of the word. It changes, mutates, evolves, upgrades outdated decaying systems. So it isn't likely to crash just because the market is about to turn ultra-bullish. It is the other way around, since everybody already knows, nobody is willing to sell. In reality, everybody is buying like there is no tomorrow.
So Bitcoin can go sideways or into retrace until the Fed announces that it is cutting whatever interest, you know these things. So when they do their thing, the market will be ultra-bullish and that's when Bitcoin will produce its bullish continuation. Right now there is a period of consolidation which is being used by the whales as accumulation.
Remember when I was saying you will look like a genius for buying below 80K?
It is the same situation all over again. When Bitcoin is trading at $150,000 or $200,000, you will look like a genius for buying below $110,000. That's the way it is.
So, slightly bearish before the event. There can be a market flush but these are going to be limited because Bitcoins can be lost forever. It is a fight between whales. So if some whales decide to manipulate the market trying to cause some panic, other whales will be happy to buy everything at the lows and prices recover.
This means that Bitcoin will be consolidating until the announcement, after the announcement; "We will cut rates certain numbers of points..." Then all heaven will break loose. It will be money-up good news.
Do what you do, just be good, know that Bitcoin and Crypto will grow there is no way to stop this wave we are all going up. Those that were hating are going to be hated by their own selves because nobody will know who they are. We are going to be party-rocking like a rockstar because not only Bitcoin but we are going on a global bull market. You can bet on it. And if you do, you will be glad you did and you will be extremely happy with the result.
There is no way to stop Bitcoin.
There is no way to stop this wave.
The entire Cryptocurrency market will do awesome in late 2025. Are you prepared?
Thank you for reading.
Namaste.
Trade active
Bitcoin is shaking just a little bit and the price drops from $105,000 to $104,999, $1 dollar. What does this tell you? What is this telling us my friends just ask yourself this question, what is the meaning?I know what it means and I can't wait to share it with you. It means that there is no actual selling going on, the only thing that is happening right now is consolidation and you know what this means—another meaning—it means that Bitcoin is creating a new support zone. A support zone, that is not only great but awesome. Imagine, "Bitcoin will never ever trade below 80K." If this high priced consolidation continues, we will be able to say, "Bitcoin will never ever trade below 100K," but we are NOT there yet. Bitcoin can still fall below 100K but it isn't falling.
If it does fall THIS IS NOTHING, do you understand?
A retrace, a drop, a crash whatever, it doesn't matter as long as the broader market structure and bias remains the same; bullish long-term. As long as we are going higher, aiming higher and Bitcoin grows, that is all that is needed for the altcoins market to follow and the altcoins market, the smaller ones, are telling us that yes!, it is possible, it is happening —Bitcoin is going up.
When the altcoins are bullish and growing moving ahead, it means that Bitcoin will do the same. If Bitcoin breaks out and starts to grow strong while the altcoins lag behind, it means the altcoins will follow. They will follow each other. But never ever one goes down while the other goes up.
Now, aren't you seeing some altcoins, many altcoins breaking up 2-3 digits green in a matter of days? This means that the bullish bias is confirmed and Bitcoin will continue growing once the consolidation ends.
I love you my dear reader.
8 years writing here @TradingView.
This is only the start!
Namaste.
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➢ FREE PREMIUM Trades + Top Results
t.me/anandatrades/1183
➢ FREE Quality Content + New Results
t.me/masteranandatrades/6172
➢ Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
t.me/anandatrades/1183
➢ FREE Quality Content + New Results
t.me/masteranandatrades/6172
➢ Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
Related publications
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.