WBM_Team
Long

BTC – volume down ; price remains strong ; squeeze expected

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Hi Guys!

So it was 1000 times announced BTC is going to fall to down.

To $5000 to $3000 or even to $1000.

This didn’t happen and won’t happen again.

Remember that.

This is one of the last times when you see BTC price as a four-digit number.

What is happening right now?

• The volume is down

• There are little demand and almost no supply

• The price isn’t falling down – it remains strong

• We expect another burst soon.

The uptrends are getting stronger – the first one was with an angle 9 degrees and the last one was with 30 degrees.
We know from our experience that we can reach to 70 or even 80 degrees angle of the uptrend. Once we reach it will be time for the
correction.

• The sentiment touched the bottom – it is time to reload

Ichimoku Cloud – again the price is still much over the TenkanSen(red) and KijunSen (blue).
This looks safe.

So maybe some patterns look counterintuitive but this is this way in our crypto world.

“It is one of the great paradoxes of the (crypto) market that what seems too high usually goes higher and what seems too low usually goes lower
William O'Neil


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Thank you for reading and your time.

MASSIVE Hugs!
WBM Team
Comment:
Comment: Don't panic Guys!
Comment:
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Related Ideas


There is no more shorts to squeeze. Most have gone longs or on the sidelines until the trend is clear.
Reply
There is no more shorts to squeeze. Most have gone longs or in the sidelines until the trend is clear.
Reply
what should be the target?
Reply
WBM_Team VishalGupta35
@VishalGupta35, thanks for writing. Here are the targets
Reply
how do you measure the supply and demand?
+1 Reply
WBM_Team f4136936
@f4136936, WWV - Weis Waves Indictor - red wave - supply, green - demand - this is volume with smoothing factor. It can be adjusted.
Reply
Good job have cookie.
Reply
WBM_Team jefferyrockwell
@jefferyrockwell, haha cheers mate :)
Reply
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