I have always believed that we would eventually retest the yearly open. So let me explain the chart and my analysis
-For the past 2.5 years we have made a lower high, then another lower high, then another lower high. So when we broke past $10,500, we officially broke bearish market structure by forming a higher high. What comes next? A higher low
-When we extend...
Lot of moving parts on this one and its more words than charts but let me highlight some key fundamentals that are going to drive the buy of a lifetime
Factor 1: Key support at the $10 area, price has never breached that low before ever and I expect $10 support to hold like a brick fucking wall
Factor 2: Demand around the world has plummeted
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Factor 3:...
Make no mistake, there are big monies looking to unload to retail. make sure you dont buy their sell orders. This is written all over the charts, the news will come second. Unfortunately this is market psychology, I see lots of bears capitulating out there buying the narrative "dont fight the fed". Thats fine and dandy, but the fed is trying to fight gravity. They...
Found this fractal on a low time frame, mirrored identical to our current situation. I am confident we will be able to get Bitcoins under $6000 for one final time for the rest of your life. Hell you might even be able to get it under $5000, but then that ship is leaving the harbor. Good luck mates
