Dear Friends
D4rkEnergY is going to tell you a secret - something about THE BIGGER PLAN with Bitcoin.
I have told you many times, Bitcoin is extremely bullish at the moment. So many things are pointing up
BULLISH SIGNS
- We have escaped the down trend line
- Since December 15th where our uptrend started we have had increasing volume . We also call that Price/Volume Trend Convergence, which basically means that is supports the ongoing trend.
- Bullish Momentum is huge
- Increasing Global Market Cap and Volume , which tells us that the Market Sentiment is bullish
I'm PRETTY sure that BITCOIN will go higher than 6,000 USD!
WHY AM I SO SURE ABOUT THAT?
First of all our Elliott Waves and what I wrote above make it plausible.
But we will ALSO do this because it will be a smart and clever move for the whales - If we go that high, main stream medias will start talking about a BTC comeback and it will attract more retail investors. Retail investors will start to buy up BTC again.
And hereafter when everyone think we are going for a new bull run, will the smart money and WHALES STRIKE! They will dump Bitcoin and take profit, which is around 100 % -they have accumulated since 3,300 USD as you can see from my chart.
Let's see! And give a LIKE!
D4!
D4rkEnergY is going to tell you a secret - something about THE BIGGER PLAN with Bitcoin.
I have told you many times, Bitcoin is extremely bullish at the moment. So many things are pointing up
BULLISH SIGNS
- We have escaped the down trend line
- Since December 15th where our uptrend started we have had increasing volume . We also call that Price/Volume Trend Convergence, which basically means that is supports the ongoing trend.
- Bullish Momentum is huge
- Increasing Global Market Cap and Volume , which tells us that the Market Sentiment is bullish
I'm PRETTY sure that BITCOIN will go higher than 6,000 USD!
WHY AM I SO SURE ABOUT THAT?
First of all our Elliott Waves and what I wrote above make it plausible.
But we will ALSO do this because it will be a smart and clever move for the whales - If we go that high, main stream medias will start talking about a BTC comeback and it will attract more retail investors. Retail investors will start to buy up BTC again.
And hereafter when everyone think we are going for a new bull run, will the smart money and WHALES STRIKE! They will dump Bitcoin and take profit, which is around 100 % -they have accumulated since 3,300 USD as you can see from my chart.
Let's see! And give a LIKE!
D4!
Note
Finally I figured out the correction wave and the Elliott Waves. Looks like a 1st Wave Leading Diagonal. Up we go.Note
Sometimes it's really easy identify the different waves, and sometimes its not. Here we have 4 different scenarios - all of them are bullish.So even though we already are in the process of an impulse wave up or still are part of the 4th wave correction pattern, it looks good.
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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.