SXTrading

BITCOIN's Perfect WYCKOFF Pattern!

Short
BITSTAMP:BTCUSD   Bitcoin
Hey guys!

Hope all is well. These are sure times of uncertainty. Market crash? Recession? Supply Chain Issues? Collapse of Evergrande? Hyper Inflation? Central Bank Digital Currency? These are all factors deciding the market currently. Be patient - Bitcoin's rally's happen in a four year cycle. This is when emotions need to be taken out of the picture. We may see another couple of years of consolidation and accumulation before Bitcoin decides to rally again. I think we may see 20K next year as a spring for Bitcoin before the next rally - and mark my words, it will be a big one. We need a decentralised world, one where politicians can't control the supply of currency for self interest. Cryptocurrencies are the way, and it is for the people to decide.

I will keep updating this as we go, but for now - predictions on price action are silly.

Love, peace, Seb.
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