✴️ Bitcoin Cash | We Are Going Higher, All Of Us!Here is the chart that gives away the rest of the crypto-market... It comes in the form of Bitcoin Cash vs Tether (BCHUSDT).
I will go straight to the key!
Yesterday (still today in my timezone), 23-Jan., Bitcoin Cash hit a new high while bitcoin and Ethereum didn't hit a new high... And this reveals what we have been saying, better yet, it confirms what we are expecting.
Bitcoin is likely to go straight up to $25,000.
The fact that Bitcoin Cash is going ahead and hitting a new high works as confirmation.
What one does, the rest tends to follow.
Bitcoin Cash started to grow early January and picked up speed mid-January, around the 12-13 exactly when Mars went direct and bitcoin went ahead.
The retrace took place in the exact same date.
The retrace was stronger on BCHUSDT and I wondered, will they all move lower?
But the fact that the other altcoins and bitcoin remained strong within their retrace, gave me the signal that BCH would also continue straight up.
By the way, "no retrace", simply really strong bullish consolidation.
Bitcoin and Ethereum are just waiting for the rest of the altcoins market to catch up.
Giving some time for the altcoins vs bitcoin pairs (ALTSBTC) to recover within higher lows and some time for the altcoins vs tether pairs (ALTSUSDT) to push forward and so together we all grow.
The bears are not taking the market strength as a positive signal, well, it is a positive signal for them in the sense that the higher the market goes, the stronger their convictions becomes that prices are moving lower... But in reality we are only seeing up.
Bitcoin Cash has grown by 60% since November 9, 2022... Even if it went into a strong correction now, that kind of growth in just two months is still pretty good.
We are all patient and we understand...
We have to go step by step, it will take years of growth before we hit back the previous ATH...
But it will only take a few months after the old ATH is hit to hit new higher highs... And this will be epic...
We are happy buying at support, at the bottom, near multi-years low... If it keeps on going down, GREAT!, Buy more, more and more.
Think long-term.
If the whole market crashes, buy everything up and think long-term.
Namaste.