RISE CHICKEN!!! Bitcoin pattern repeating? This is why I go long

Hey guys! Well I'm in long because I think this is the calm before the storm. Bitcoin has been gaining steady momentum for the past couple weeks, making it more stable. I think some great traders with awesome TA skill fail to see the overall market sentiment sometimes. I think 80% chance we go up from here. If history repeats we may have sideways action opportunities for small swing trades on the way up. I'm most invested in LTC but I always use the BTC chart to see which direction it is heading. I managed to call the 9300 target one day before it happened when everyone else was afraid to make a call. Let's hope I'm right again =D Thanks to my followers =) If you agree, please hit that thumbs up. If we get into the danger zone I will reconsider my long position. Happy trading
(disclaimer - this is not financial advice)

Comment:

The price is about the same as yesterday but the market cap has gone up 10 Billion. Feels like the whales are buying low. Probably just shaking out "the weak hands". I'm also seeing more strength on the RSI and getting pretty close to a turnaround on the 4 hour MACD! The big money loves when everyone is confused... They can make sideways action for days while everyone is guessing then bounce up when we least expect it! My repeating pattern theory is still playing out; Lets see how it holds up!

Comment:

We took a little dip into the danger zone, but luckily we are recovering. With the market cap so strong, this looks to be pure price manipulation. The slow steady ramp up in market cap is still happening. As a seller in the market, you set the price. If you believe in your heart that bitcoin is worth 10k and you refuse to sell it for less, no dip will persuade you to lose money. It may be a waiting game but you KNOW it's going to happen. Whales can manipulate the market but they can't manipulate ME... Maybe the dip was because I used the wrong spell. Not "rise chicken", it's ARISE CHICKEN , CHICKEN ARISE!!!