Have you ever heard of the April Bitcoin bullish wave? it is true and generally happening, for some reason the period starting from April to the summer time has a tendency to form bullish patterns and rallyes. Reason of a post tax period in the U.S? Reason that investors and big investors prefer post christmas time to start investing and rebuying as it is the period of the year when they possibly have as an average, the most money to invest somewhere? The market is small, so it is very likely that it reacts in an important way to post tax periods, and average cashing in and out variations. The charts does not lie. This April-summer bullish theory is an average indicator i included in my prediction of a very strong bull trap possibly incoming, mixed with the 6.000$ double bottom, the huge short squeeze, and the correct market sentiment with lots of people shouting for the moon and beeing certain that Bitcoin has bottomed. What month are we already ?
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Human natural buyers doing a Fomo pump on Bitcoin. That was a long time.
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Honnestly, today was a great day to watch bitcoin having a natural pump, as we recently had weeks of frustrating artificial pumps. Quick calculations are giving me results of a calm stagnation day for tomorrow. Stay safe
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Alright, i was wrong i did not see an incoming whale pump on my analysis. Have a nice moment for whoever gots some Bitcoin and enjoy life and money! And keep on staying safe.
@xuanhaimmoer, stop spamming this stupid chart you fucking idiot. I just checked your page, most of your predictions are very wrong. No go fuck off and stop spamming this shit chart.
xuanhaimmoer
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@Nour_Ali, you will see!
NewYork888
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I've already seen the " to the moon" shouting. Perhaps you could also use the increased volume of the hate mail we get as a leading indicator??? LOL
Giovi6969
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@london55555,
LOL.
This new indicator is actually a brilliant idea i will try to add it to the tradingview charts.
Next step is probably Saturn or Jupiter.
I would say Uranus should sound better for a true bottom though.
NewYork888
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@Giorgioversace, btw great charts re 2015 etc it seems that after this "April boost" it's often cut in half which would bring both of us down near our target prices before another run up. Interesting.
Giovi6969
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@london55555,
April month is definitely creating a bullish vibe among buyers. I say why not to a continuation of a new bull market with new highs like it did, but i am very worried with the incoming regulations, and the fact that futures are opened with this market.
If you manage to find the graphs of Gold, Silver and Uranium after it was possible to short these markets, then it is scary to see there was no all time highs, and a low value stagnation still present except for gold
NewYork888
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@Giorgioversace, That's exactly correct - we've been trading futures for over 20 years and can you imagine the type of leverage that gives our friend Mr. Soros in a market like Bitcoin? In his hands one can't underestimate the damage he can or will do. It's exceptionally interesting to watch but none of the retail traders on here even consider that aspect of this trade.
Giovi6969
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@london55555,
it's true that almost nobody in TV seemed to realize futures can be a threat for a market general health.
I think they even gave positive news regarding the futures launch
NewYork888
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@Giorgioversace, I blew out more than one seven figure account years ago and I have no intention of being on the other side of Mr Soros trade or Andrew Left who says "I can't find enough ways to short bitcoin"