Bitcoin going back to 100%Alts may get another run or not.... This is why I could care less. The big boys could care less about anything except BITCOIN!
GBTC
I will not be surprised to see GBTC print 50% + on Monday!ON PREMIUM ALONE! Second lowest premium EVER!
And Bitcoins at damn near 29k!
Just for fun! Are you emotionally prepared for something like this?
It's a valid question...
You will feel like this is a dream and you will want to throw up!
HODL is the hardest but most rewarding and profitable time-wise and usually profit-wise...
Remember you heard it here first! 7 weeks until our correction~ it's the year of 21! 21/3=7 .... 21,000,000
Bitcoin is the DIGITAL GOLDEN RATIO!
GBTC premium is fixing to breakout! You can notice the divergence on the 2017 top. We've battled 40% for 3 years...
It's time!
Am I saying we go all the way to 132%?
NO, But we could!
70-100% is not out of the question!
If History was to repeat!Last time above the Red Pi-Cycle we never looked back.
Right now anything under 21,422 is looking back.
Not saying this will happen just noticing the similarities.
Possible outcome as well.Feels as though growth is slowing. Feb 1 30k may be in play.
ALL SPECULATION AT THIS POINT! DON'T TRADE WHAT OTHER PEOPLE SEE!
Do your own research!
BitFink's 7 weekly candle forcast...2021 = 21,000,000 is understood by the GLOBE!
Law of 3 x law of 7! 21
Merry Christmas and a Happy 2021! Don't say I never gave you anything!
Have a great weekend!
Love your kids!
Give the wife some attention!
Put this damn thing away!
We're in a FULL BLOWN BULL!
This is the easy part!
BUY AND HODL!
More convinced than ever that this is the case! 2013 type of institutional run. 61 million buys all Coinbases sell-side liquidity up to 30k. THERE'S NO CORN FOR SALE!
90K BY Jan is VERY POSSIBLE!
They will shake you out and bring this beast right back to where we are today in a week.
6 months of whipsaw!
Then 300k!
ANYTHING IS POSSIBLE IN BLUESKY!
Once you see it! Then you'll realize!
It on! There's no looking back!
You have to admit when you are wrong!
BUY THIS CORN!
The market is becoming more clear. At this point, this is how the oscillators cool off, and the Monthly, Quarterly, & Yearly candles close VERY bullishly!
Quick poke above 20k today to 20,500 and then consolidate around 17.5k again until we get close to that 20 week around mid-January before the next leg up.
ACCUMULATE!
Breakdown! Go ahead and give it to me!
Breakdown... on Tuesday night!
Breakdown can't you see, breakdown all right!
It's gonna be alright... BTD!
GBTCBuy when the daily RSI hits 40, buy again when it hits again and buy again when the MACD crossed bullish. That's it. This will probably be around the $14- $13 zone.
Plausible Path...Definitely some support around here and some selling pressure above. The thing is, everyone is selling until they are not!
Sometimes you gotta look more far left! And use the closes... We are about to close our highest 3-day candle EVER!
27 HRS AND COUNTING!
Next Leg Up! The next 6-7 weeks should be interesting. I think it's going to take a lot of bears who are in denial by surprise.
Why I think the herd is wrong about going lower...I must admit I sold the 16.2k area on GBTC (17's) because I thought it would be some resistance (yeah I know without confirmation like a dumbass but it is what it is) and once we blew past I chased higher and no one should have sold that $24 spot but I didn't.
With that being said, once we blew past it 16.2k and it now becoming support is now looking more and more like reality. When everyone wants lower prices what happens? I think we are about to leave another gap on the CME's that will stay as open as the $9900 spot.
This is the 4th weekly close at these price levels. IMHO I think we close this week around 18.9k. (33hrs to confirm)
Adam and Eve Bottom in play! This is a bear trap!
If you sold or got stopped out you got played by the whales! They need your position! DON'T GIVE IT TO THEM! HODL!
GBTC short term long GBTC topped today. Good time to wait for the pullback and short-term long position before the "real" top. 2 MA as entry price ~ 19.57 and 18.31. Stop-loss ~8%. profit target 23~24. good R/R ratio. waiting for the opportunity to present itself.
Looks like a bump and run bottom... We're over the top trendline and backtesting now...
This is a bear trap/stop hunt. I don't see the 30% pullback here that everyone wants. The market structure is too strong.
