AlanSantana

Bitcoin Back Above $20K Proofs Market Manipulation Fail!

Long
AlanSantana Updated   
BYBIT:BTCUSDT   BTCUSDT SPOT
The fact that Bitcoin is moving back above the $20,000 level confirms that the market manipulation attempt has failed...
(Yet, all the high leveraged positions were liquidated, hundreds of millions... Telling us that the move was successful in some ways)

Bitcoin Bullish Signals
  • We have an ascending channel;
  • A three dives pattern;
  • And a confirmed uptrend (since 18-June, higher highs and higher lows);

Bitcoin and the Altcoins will grow.

When?

It can be 3 days, 1 week, 2 weeks...
Patience is key.

We just buy and hold;
Follow your strategy!

Let the market do its thing.

Conditions for change

Ignore all the noise/price swings as these are not relevant when it comes to trade.

As long as Bitcoin stays above $17,600, we are good everyday.

If prices drop below this level, the bullish bias is lost.

It can crash hard below $17,600 but, the harder it crashes the stronger the recovery that follows.

And if it does crash, it doesn't matter as it will recover in a matter of weeks or months.

Namaste.
Comment:
My great friends, I have another signal for you...

We know that the Altcoins move together with Bitcoin.
No, wait...

We know that Cryptocurrency is Bitcoin...
Better yet, that the market moves together with Bitcoin.

You think Polygon (MATIC) and others will move ahead and grow while Bitcoin crashes?


There can be more shakeouts, yes, but we are looking good.

The Altcoins moving green is a bullish signal for Bitcoin.

We let the market work.

I found a few more signals but I will show you these tomorrow.

Thanks again for all the support lately...

It is truly appreciated.
Comment:
This is starting to look good as Bitcoin moves above EMA50 4H.

I am mapping the targets now...

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