4 hour is bearish with the bear flag, which if it plays out in full effect then it would take us to a double bottom. We can still bounce before making a double bottom, but it's very unlikely.
Weekly is obviously very bearish. As of now Tom DeMark Sequential has us on a red 1 count. But we have a whole week before it's set in stone. You have the bearish engulfing candle stick pattern, which if you look back you can see signaled very well.
There's a lot of media hype going on with bitcoin, but I believe most of it is just to get retail money in to provide liquidity for banks and govts. to dump their coins. We saw the same tactic back in December with the bitcoin futures trading announcement to pump price of bitcoin. Then banks and govts. started dumping as soon as the futures trading started, while at the same time mainstream media was telling everyone to buy to provide liquidity. Don't be fooled again. Mainstream media, banks, govts., etc., are all in league to enslave people and steal our wealth, health, and happiness.
If you're uncertain about things then it's best to just HODL or stay in cash until you believe it's the best time to buy, but don't panic sell ever. Bitcoin isn't just about making an investment return, it's about being able to exit the system and protect your wealth. In other words buy bitcoin, HODL and chill.
Weekly is obviously very bearish. As of now Tom DeMark Sequential has us on a red 1 count. But we have a whole week before it's set in stone. You have the bearish engulfing candle stick pattern, which if you look back you can see signaled very well.
There's a lot of media hype going on with bitcoin, but I believe most of it is just to get retail money in to provide liquidity for banks and govts. to dump their coins. We saw the same tactic back in December with the bitcoin futures trading announcement to pump price of bitcoin. Then banks and govts. started dumping as soon as the futures trading started, while at the same time mainstream media was telling everyone to buy to provide liquidity. Don't be fooled again. Mainstream media, banks, govts., etc., are all in league to enslave people and steal our wealth, health, and happiness.
If you're uncertain about things then it's best to just HODL or stay in cash until you believe it's the best time to buy, but don't panic sell ever. Bitcoin isn't just about making an investment return, it's about being able to exit the system and protect your wealth. In other words buy bitcoin, HODL and chill.