Im looking at the final parabolic move from BTC, I think we reach AT LEAST 22K in a crazy pump before we get the final DEATH candle.
Looking at 16k 17k for death candle target.
Why I think that? Fomo is starting and I think a lot of people will margin long 20k + as a break from ATH. We can already see that in exchanges funding rates increasing bigly already. I expect them to go really high at the 20k break.
We have only seen instutionnal and big wallets fomo for the moment. The death candle won't be the end of the bull run, it will just clean all the leveraged longs from the market. Pump will resume after we consolidate for a few weeks after that imo.
I don't see us dropping from here, we are still in a parabola.
Optimal buys in this blue zone as it is an accumulation zone as we can see we did the same accumulation pattern a few days ago, we are just accelerating all the phases right now which is typical from a parabola move.
in case we drop from blue box and cancel current market structure ill update!
CONCLUSION : RESUME PUMP.EXE
Looking at 16k 17k for death candle target.
Why I think that? Fomo is starting and I think a lot of people will margin long 20k + as a break from ATH. We can already see that in exchanges funding rates increasing bigly already. I expect them to go really high at the 20k break.
We have only seen instutionnal and big wallets fomo for the moment. The death candle won't be the end of the bull run, it will just clean all the leveraged longs from the market. Pump will resume after we consolidate for a few weeks after that imo.
I don't see us dropping from here, we are still in a parabola.
Optimal buys in this blue zone as it is an accumulation zone as we can see we did the same accumulation pattern a few days ago, we are just accelerating all the phases right now which is typical from a parabola move.
in case we drop from blue box and cancel current market structure ill update!
CONCLUSION : RESUME PUMP.EXE