BTC TO 9K MAKES SENSE! ZOOM OUT THE CHART TO READ IT BETTER :)
Bitcoin is in a very easy to see bear market (making lower lows in a long period of time), with bullish news bitcoin continues to make lower lows without breaking 42-43k which would be a higher off of the previous 33k higher low which was a fakeout. It took the crypto market 4.6 trillion dollars to gain 1.43 s and then took 2 months for 1.43 trillion to leave the market, seems to me like a retail pump and institutional dump because they took 400-1200% off of there bitcoin buys which is how markets work, buy when its in red and boring for months long, let the retailers pump your bags from bullish and hype news.
My TA is easy to follow its based off of two patterns, first is the psychology of a market cycle which is huge this cycle from the huge adoption of teens and adults investing without actually knowing how to buy and sell, with no planning, buy and sell based off hype and feelings in the market. The other pattern i used was the bar pattern which is a tool that tradinview uses where you can mirror the chart movements from previous data and lay it overtop of the current price action. I used the bar pattern from the 2017 all time high up until the 2020 all time high breakout. The start of the bear market in 2017 is exactly mirroing the current price movements. i have explained and layed out what I think will happen based off previous data and why on the charts so you can screenshot the chart and share the info with others which is bit easier to follow.
Also when stock market crashes btc follows, i do believe all markets about about to crash and the world will go into a financial depression because of the fed printing like idiots non stop, it will be worse then a post world war due to housing crash because bank will sell off for them not being able to pay off loans.
BETTER SAFE THEN SORRY CUTTING LOSSES IT BETTER THEN LOOSING MORE IN A VERY VERY UNCERTAIN FINANCIAL TIME!
Please let me know what you guys thing bullish or bearish, and also back your arguments or its just coming out of your behind hehe.
FUCK ELON!!!!
My TA is easy to follow its based off of two patterns, first is the psychology of a market cycle which is huge this cycle from the huge adoption of teens and adults investing without actually knowing how to buy and sell, with no planning, buy and sell based off hype and feelings in the market. The other pattern i used was the bar pattern which is a tool that tradinview uses where you can mirror the chart movements from previous data and lay it overtop of the current price action. I used the bar pattern from the 2017 all time high up until the 2020 all time high breakout. The start of the bear market in 2017 is exactly mirroing the current price movements. i have explained and layed out what I think will happen based off previous data and why on the charts so you can screenshot the chart and share the info with others which is bit easier to follow.
Also when stock market crashes btc follows, i do believe all markets about about to crash and the world will go into a financial depression because of the fed printing like idiots non stop, it will be worse then a post world war due to housing crash because bank will sell off for them not being able to pay off loans.
BETTER SAFE THEN SORRY CUTTING LOSSES IT BETTER THEN LOOSING MORE IN A VERY VERY UNCERTAIN FINANCIAL TIME!
Please let me know what you guys thing bullish or bearish, and also back your arguments or its just coming out of your behind hehe.
FUCK ELON!!!!