Bitcoin 8.02.2023
Updated
It's been a while since I posted a bitcoin chart.
I've been saying since November that this is the bottom and here we saw the growth, breaking all the resistance lines. Against this backdrop, all altcoins made a minimum of x2. The AI sector did much more, as said.
What's next, we should see a correction, it makes sense. There are a lot of greedy people in the market right now who missed bitcoin's pamp, then missed AI sector and are now buying anything and with leverage. Greedy people are being liquidated.
Now we can see a widening wedge as shown in the example. i think we will see about the same scenario and after our mini alt-season will continue at higher prices, after greedy people will start buying altcoins again and will buy back every correction, and in May we will see distribution of coins and a massive correction, but people will also buy back correction one, two three, four times until they run out of money. we will see how it happens, I see this scenario so far
I've been saying since November that this is the bottom and here we saw the growth, breaking all the resistance lines. Against this backdrop, all altcoins made a minimum of x2. The AI sector did much more, as said.
What's next, we should see a correction, it makes sense. There are a lot of greedy people in the market right now who missed bitcoin's pamp, then missed AI sector and are now buying anything and with leverage. Greedy people are being liquidated.
Now we can see a widening wedge as shown in the example. i think we will see about the same scenario and after our mini alt-season will continue at higher prices, after greedy people will start buying altcoins again and will buy back every correction, and in May we will see distribution of coins and a massive correction, but people will also buy back correction one, two three, four times until they run out of money. we will see how it happens, I see this scenario so far
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