Bitcoin - A Different Viewpoint - Time has officially run out

The largest support trend is being tested that represents Bitcoin history.

I play this with logic not emotion, the L-MACD shown the recent bear market started in APR 2021 followed by a leverage short covering blow off.

We have 4 times Bitcoin's price have gravitated towards the Line, each time has resulted in a violent bounce to the upside that gets almost everyone who is waiting for the world to end.


We could easily see 70-80K Bitcoin before year end and Its on my targets.

The market does not care about interest rates like Gold does not.

Neither does it need "cheap money liquidity" there is 133 Trillion in Bonds looking for a new market. It makes no sense that Bitcoin stays under 500k during 2024.

The story of 2024? "Nobody saw that move coming" "How can this be happening with interest rates so high". We've had a 616 day down period of Bitcoin open for accumulation, Michael Saylor adding thousands of Bitcoin, the biggest institutions in the world pre purchasing mining companies + launching futures / progress of Spot ETFs.

Bears wanna hope this line does not hold because the FOMO effect if Bitcoin hits 100k before end of year will be brutal.

Comment:

'We Have Liftoff, 'We Have Liftoff,'