LONG Season is upon us. Don't listen to the Bears :)

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Novice traders think like this- Everytime market goes down, they are bearish .. Market goes up, everyone is bullish . Agree?

I'll keep this short and sweet.

Take a breather and look at the MACRO.... I don't think we get any more bullish than this.
Triple Bottom on the Daily
We just completed a retracement to the 618 of the entire last markup. This is where institutions will be reentering the market. Move with the whales.
Your Long R/R is very favorable here.
Movement from 4k -> 14k was only the first wave, we're going to enter the second.
Divergence between network daily transactions and price action. number of transactions rising; price declined.
Comment: Up we go! Momentum to the upside, I'll update this if any bearish signals arise
Trade active: Again... Funny how everyone was capitulating at the sub 8k region... Congrats to those who longed


My bags are packed and I'm ready to go!
+1 Reply
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