$BTC has proven to act in a solid behavior, since it became the giant is now; Upward and Downward fazes are the most important trait of this behavior. And the 4h chart of Bitcoin whispers in our ears saying: "Another breakage around 56K is close, the price is getting stuck in a triangle, squeezing BTC until it gets the most narrow around the key price of 56. This is gonna be the price we remember that triggered the historical movement of mama coin ( BTC dumbass) towards 75K." In fact, based on the reliability of 4h charts; I think it's telling the truth. Everything adds up; The price has come to the bottom of the lower line of the price channel . The movement towards BTC , if triggered would have a similar trend angle compared to the previous Upward fazes. And also, the public and major companies are optimistic about BTC . ( BTC payment for Tesla cars has just started.) Lots of companies and big investors took part in the BTC revolution and the historical records of 50k and 60K, But some couldn't hop on the train. ( We shouldn't forget them right? ) Some major companies are left behind, either those who wouldn't take a risk before or those who took'em too long to make up their decisions; These guys are gonna be tempted as hell, when they hear from experts that BTC is aiming for 75. And there is gonna be a ton of rather minor companies that outnumber the major ones and are very vital. Let's just say the next step for mama Bitcoin is gonna be about the price, It's gonna be about changing our lives, FOREVER...
NOTE: Not an economical advice or signal. Just a guy who loves crypto, thinking out loud. : )
NOTE: Not an economical advice or signal. Just a guy who loves crypto, thinking out loud. : )
Comment:
You know why $BTC had a fall despite of all the bullish anticipations? Imagine you're trying to jump as high as you can, you go a few steps back at first, right? : )