faboose

Bitcoin: The chart no one wants to see right now

faboose Updated   
BITFINEX:BTCUSD   Bitcoin
This is it everyone, the moment we've all been waiting for.

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Act I - The Drop
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Bitcoin battled it's way back to the gates of Valhalla, all the perma bears, no coiners, peter schiffs of the world have watched the performance of Bitcoin since March and killing themselves for not buying.

That is why this next move is setup perfectly. We have buyers that see ATH as confirmations confident to come in to position. These are typically those who sold way too early on the ride up, and never got back in waiting for 9k gap fill :*D

We have people waiting to watch the break to see if it only continues to hurt their soul for not buying, but suddenly bitcoin drops by 30% "HA, I told you it was a scam! Sure glad I didn't buy!"


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Act II - The Rise
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This is where the magic trick happens, the large skeptical of bitcoin rising back to ATH's to only FLASH BANG gone. Yet again the people who told you it was scam, they will tell you again and not to buy. The ones burned, will sell.

But the faithful will be there waiting as they always do.
The ones that took the last few months learning about Bitcoin and what it has build over the last decade the chose to ignore it well be there.
Stacking sats will still be there
Hodlers will still be there
The printer will continue to brrr
Billionaires will continue to chase the worlds rares asset to some kind of insurance against said brrr

Will you be there?

Arise honey badger phoenix
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Or maybe we just keep blasting it straight to 100k right now. Who knows, but this is why I always hodl :)

GL, if this thing plays out as it seems to, this will be one of the last best chance you have in 2020 to long.
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On pace to have a nice close on the weekly to keep candle intact. Last thing we want is a giant wick/blow-off top.

Make sure you have exit play if you fomo in this today :P
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Resistance held -
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4hr still fighting
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Hope everyone has made out great from this :)

Now is not the time to short/hedge tho. Either you did before the drop, or you didn't. Right now is prime to fuel up some chasers.
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Thinking we visit ~18k by monday for the nov monthly close, then we can have next/final leg down

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Choo Choo >8D

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Between here and 40k until Feb :)
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Weekly Looking primed :) Please keep your hands and feet in the rocket at all times!

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Soon -
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