NoMi_Kidd

The BULLS are still in CONTROL!!!

Long
BITSTAMP:BTCUSD   Bitcoin
Good day my fellow traders! I know many are feeling the so called "Bear Effect" of this market...from media's fud..to bearish TA aiming for $10k BTCUSD pair. Yes, there's a strong "bearish sentiment" lurking around! I'll say, when in doubt, zoom out! From the charting, you can see that the BEARS haven't even touched the BULLS stronghold!!! Having a weekly close under $26k would be confirmation for me that we have entered a Bear Market and that BTCUSD is doing more then a cool off. BTCUSD is currently up over 600% since March of 2020 drawback....peaked well over 1500%. So a "COOL OFF" was needed. You can say that BTC ran out of gas and is currently refueling. So tell me this...who's still in control? BEAR or BULLS :)


Disclaimer: I'm NOT a financial adviser...just a regular "joe" voicing my opinion :)

Peace Love Money ;)
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