All people are bearish for BTC at the moment which is where you want to buy. After the puke event - sudden capitulation of long term holders are now starting new cycle of bullish momentum.
The entry point is after the break of 4k which is strong resistance.
Price action now draws same bell curves as in the downtrend before but now inverted. The Volatility now is decreasing and we are at major pivot point where we can break the inverse HS pattern and rebound from the bell curve wall.
And this bell curve thing is totally new but somehow for BTC that is reappearing pattern.
Probably because we have large investor buying and that triggers retailers to joining and cycle reverses after the peak event.
The entry point is after the break of 4k which is strong resistance.
Price action now draws same bell curves as in the downtrend before but now inverted. The Volatility now is decreasing and we are at major pivot point where we can break the inverse HS pattern and rebound from the bell curve wall.
And this bell curve thing is totally new but somehow for BTC that is reappearing pattern.
Probably because we have large investor buying and that triggers retailers to joining and cycle reverses after the peak event.