It has been 6 months since I published an analysis on Tradingview. How many times have I been insulted because of my predictions? What do they have to say now? Either they became , lost their money or left the market. Or maybe a mix of everything?
Anyway, let's come to the Bitcoin analysis. All of my altcoin targets have been reached as you may have noticed. On the way down you could take a lot of money, which I also did of course. I mean there was a reason why I only posted charts while everyone else was . Now we come to another time. Many people have become by now. Anyone who said in January that the price would never go under $10,000, is waiting for $2,000/1,000 or is out of the market. Meanwhile, you get insults when you say the price could double in a short time. Exactly mirrored as a few months ago. That's one of the reasons I got . I do not want to say that the price can not drop any further. But you have to think, the price is so far down. You will not get that chance often. The times where everyone was perma bull are over. The times where you get insulted for a prediction are over. The days when everybody said that they would sell their house under $10,000/6,000 for more Bitcoins are over. In conclusion, I would like to say that I bought again. Should we continue to drop to even $1,000 then I will buy even more. Under $4,000, I'm a perma buyer.
That is the fundamental view. From a technical point of view, a buy is also very good. The price rebounded on the MA200 on weekly and it looks like we've formed a . A breakout of the flag would be a very good sign. It would be even better if we had a lot of during the breakout. If we go down, I'll just buy more. So easy. You can not go wrong with such low prices.
I wish you a nice day and thank you for your support.
For those who do not know me, here again a few bitcoin and altcoin trades, which I had already shown you at my last idea:
That is also one of the reasons why I have become bullish.