Very interesting mid to long-term scenarios can play out here.
Within this 12day chart going back to 2013 BTC had 2 significant confirmation touches of the bottom. When BTC touched the bottom it did not touch the bottom again until it reached the top (also 2 top confirmations)
During this current bull run the top trend line seems to be magnetized, not by FOMO but by systematic whale accumulation.
If the current news cycle repeats itself and BTC cannot be mined fast enough to handle the large demand, we could be in for a real significant run to the top.
Plan your trades accordingly and I suggest never selling all-out. Hodl just a small piece so you remain in the game.
We are living in very interesting times and if you are in the crypto space always remember we are so far ahead of the game that we are helping to build the foundation, and this foundation is not like other fiat foundations that are build on sand, the crypto foundation is build on blockchain tech that is changing the game and it here to stay!
______________________________________________________________________________________________________________________
This content is for informational and educational purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
Within this 12day chart going back to 2013 BTC had 2 significant confirmation touches of the bottom. When BTC touched the bottom it did not touch the bottom again until it reached the top (also 2 top confirmations)
During this current bull run the top trend line seems to be magnetized, not by FOMO but by systematic whale accumulation.
If the current news cycle repeats itself and BTC cannot be mined fast enough to handle the large demand, we could be in for a real significant run to the top.
Plan your trades accordingly and I suggest never selling all-out. Hodl just a small piece so you remain in the game.
We are living in very interesting times and if you are in the crypto space always remember we are so far ahead of the game that we are helping to build the foundation, and this foundation is not like other fiat foundations that are build on sand, the crypto foundation is build on blockchain tech that is changing the game and it here to stay!
______________________________________________________________________________________________________________________
This content is for informational and educational purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
