In Part 1 of BTC $1 million + I discussed the fundamental reasons how BTC could reach those epic heights.
in Part 2 I will show you when and why:
As you can see BTC clearly is tracking the bottom trend line since its inception on the chart and without a doubt this will continue unless there is some crazy FUD and more mass media manipulation like there was earlier this year.
The key to understanding the major dips that break from the trend line is simply put manipulation through media.
However we have seen the FUD factory has gone quiet in the last few moths, and in fact the general consensus is that BTC with BAKKT and most likely ETF soon will send the market into its next bull run.
Further my chart clearly suggests the run will commence sometime December / January which fits with the period the institutions will buy into the market.
Having said that we have not seen the technical bottom of 4.8-5k, so unless we have some extreme FUD the probability for us dropping below 5.8 - 6.2k is reasonably low.
Lastly we should not downplay the fact that there are numerous actors on the world stage, some who have reasons for the price to stay above the trend line around 6k, and there will be those who wish for it to go below.
IF YOU LIKE MY CHARTS AND ANALYSIS PLEASE COULD YOU CLICK 'LIKE' BUTTON
THANKS
in Part 2 I will show you when and why:
As you can see BTC clearly is tracking the bottom trend line since its inception on the chart and without a doubt this will continue unless there is some crazy FUD and more mass media manipulation like there was earlier this year.
The key to understanding the major dips that break from the trend line is simply put manipulation through media.
However we have seen the FUD factory has gone quiet in the last few moths, and in fact the general consensus is that BTC with BAKKT and most likely ETF soon will send the market into its next bull run.
Further my chart clearly suggests the run will commence sometime December / January which fits with the period the institutions will buy into the market.
Having said that we have not seen the technical bottom of 4.8-5k, so unless we have some extreme FUD the probability for us dropping below 5.8 - 6.2k is reasonably low.
Lastly we should not downplay the fact that there are numerous actors on the world stage, some who have reasons for the price to stay above the trend line around 6k, and there will be those who wish for it to go below.
IF YOU LIKE MY CHARTS AND ANALYSIS PLEASE COULD YOU CLICK 'LIKE' BUTTON
THANKS