racethehare

Short Squeeze + Discounted price = Bear Nightmare

Long
racethehare Updated   
COINBASE:BTCUSD   Bitcoin
As we make the "Three Drives Pattern", the bear shorts will come in even heavier - one final time

  • We have an obvious ascending channel and we need to follow the trend.
  • Weekends are typically higher probability for bull runs.
  • Stocks are climbing
  • Fundamental Analysis: Retails investors don't want to miss out on "the bottom", even though this is not the bottom. They are in the belief that the market was manipulated to drop, so Wall St can by at discounted prices before 2019
  • Technical Analysis: Retail Bulls are waiting for BTC to hit $3,600 again before buying (but it won't), and will realize they missed out (especially on a Saturday) and FOMO in big time at the end of the 3-Dives


Please leave me your thoughts, I appreciate the feedback

-racethehair
Comment:
still on track at this point. Watch out, the bulls are going to gobble up anything that touches 4k.
Comment:
Now that we confirmed and have over-performance, here is an update
Comment:
almost there!
Comment:
can the bulls HODL and come back in force? If so, the payoff will be huge!
Comment:
Here's a similar snapshot from the April short squeeze
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