Will Bitcoin's Heiken Ashi January Candle be Green or Red? I will be watching this month's candle close with an Eagle Eye. If January's candle is a red doji or a green candle, then that is a good sign that markets are turning around from fear to greed, green being greed.
The large market moves take time and effort to turn around. Fear back to Greed. No bear can tell me that my theory about the adoption trend is crazy...it's staring you right in the chart. It's the strongest trend in Bitcoin. I give it a lot of weight. So many data points touching that line.
We just bounced off of the adoption curve and should be heading into a lot of green candles.
I can feel the booster engines warming up on the rocket now. The price will break the large symmetrical triangle and it will go extra parabolic. Accumulate now when the Insiders are.
Not saying it has to or that it will, just that has a much higher probability of going higher than the price falling below the adoption curve. That would kill their golden goose. Naw...they want to turn billions into trillions. Trust me, they are incentivized to drive cryptocurrencies to the moon far more than piddly little traders. They have hundreds of billions, maybe even trillions of reasons to do so. Pretty powerful incentive. They need enough of us sidelined but not out to help them create the fomo that will drive other market participants back into the market. It takes time.
Although that 2019 bubble didn't take long at all to form. From 4K to 14K in just a few months? That's beautifully powerful! Come on, this thing is ready to explode at any moment. Look at all of us dying to get rich and we all believe Bitcoin will get us there. It's almost a self-fulfilling prophecy.
A large participant can make a fomo candle right now that will drive a lot of people back into the market. Anything can happen but what is more likely? This is the market makers job, to make the market go up and down. Otherwise there would be no trading, only long-term investing. They take advantage of a natural tendency in people. The Bitcoin market operators are savvy and execute their strategy with military-like precision. Their job is to suck value out of the market. Their shenanigans in the market are built on top of the adoption curve which has thus served as a floor where Bitcoin is accumulated by Insiders to sell at retail prices later. If this is what's happening, then strap yourselves in, you're in for a wild ride.
Let's revisit this chart again soon. Hope this helps.
Peace, Love, & Crypto,
B166ER
PS: What do you think of that symmetrical triangle? Am I crazy? Like and share and follow if any of this helps!
