Dear Bitcoin-Lovers!
D4rkEnergy is back to spread more LOVE and WISDOM to the Crypto-Community. Today - 21.6.2019 - we are officially in the Bull Market. If we look at US Stocks we normally say, that a Bull Market occour after a 20 % (18% is the right number though) increase in price from the low. Bitcoin is up more than 200%.
In crypto we normally dont define a Bull Market in such way due to high volatility. So we are instead looking at 2 other things:
- MAs (Moving Averages). Notice how the 50Ma is above 100MA, which is above 200MA. And above all the MAs are the price.
- Volume Profil: If the Price is below the Purple Volume Area (Where 70 % of all trades are generated, we are in a Bear Market. If the Price is IN the 70% Volume Area, we are an i neutral zone. And IF we are above, which you can see we are, we are i a Bull Market.
What to Expect Now - And some general advice:
-Bitcoin Will Continue its Parabolic Movement, and go THROUGH 10,000 USD, and whales will help to continue their plan to kill Shorts and get new retailers into the Market.
-Dont gamble to much on Altcoins (especially BTC-pairs) hence BTC will continue to make spikes, and sudden moves, which will ruin altcoins. We can therefore expect to see an increase in BTC-Dominance.
Congratulations!
D4 Loves You <3
PS. Please hit that LIKE-Button like a BOSS!
PPS. D4rkEnergY Will later today be in TradingViews TV Show, TradingView Sessions. It will be aired later today!