AlanSantana

πŸ…±οΈ This Is It, The Bears Were Right...Bitcoin To The Tomb!

Long
AlanSantana Premium Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
We have a red candle today and so far Bitcoin has dropped by $20,000 dollars, sorry... Typo, I meant $200 dollars.

This can only mean one thing which is Bitcoin is going to $1,000 within a 2-3 days window... OMG!

They warned us and they warned us so frequently with so much passion...

  • Each time new bullish signals would show up they would say "WAIT!".

  • Every time that a new resistance level was taken out they would say "FAKE!"...

  • After more than 3 weeks of straight up the bears will finally come out of their caves and tell us... "I TOLD YOU SO!".

I am sorry for you... Bye, bye!
This is the end!

Bitcoin is crashing to zero and right now the price is at $13,000, a new multi-year low and will continue lower tomorrow and the next day forever...

Oh... WAIT!

Bitcoin is actually trading above $22K with a very strong bullish bias...

Namaste.
Comment:
Think of this.

New money entered the market in the first month of the year, January 2023, in the last 3 weeks.

Billions of dollars, more than 10 billion.
Do you think this new money would get in just to get out?

Bitcoin moved up thanks to El Salvador Bitcoin Bonds and a few billionaires that decided the time was right to buy bitcoin.

Billionaire money is whale money, whale money is smart money.
Smart money won't buy today to get out tomorrow... They are buying to play this game long-term.

They are not even getting out at the top.
They will be selling portions at the peak of each wave in years to come to buy back lower and play the game like the rest of us, long-term.

Thinking of this the floor is set.
If Bitcoin drops, millions of people are waiting to buy-up, the opportunity they couldn't see and missed in 7 long months since the June 2022 low.

There can be a correction... this is absolutely possible of course but very unlikely.

Bitcoin is very, very likely to continue straight up.

Just do this... Go back to any peak, any high, any resistance in the past two years... (Go ahead, do it, I'll wait!).

Use the daily timeframe.

Notice that each and every single time a resistance level was hit, a peak was hit, the retrace would happen immediately the next day. A big red candle and then lower and lower; period.

This happens over and over.

Look at the price action now.

A new peak is hit and no retrace... After Bitcoin hits a new peak/resistance level it is immediately followed by consolidation at resistance.

The longer a resistance level is hit, the weaker it becomes.
The longer Bitcoin stays near resistance, the stronger the bulls become.

Bitcoin is not going to $1,000... I am sorry bears, this is just satire, I was trying to be fun.

Bitcoin is going to $25,000, to $28,000 and it will keep on growing more and more.

The opportunity has been missed for those that didn't buy at the market lows.
There will be more opportunities, endless opportunities but right now Bitcoin continues super strong.

The price is still trading above $22,676... Amazing to say the least.
We would expect to see it at $20,000 already but no, strong, strong, strong.

I am strong with Bitcoin until I see a real drop.
No drop = BULLISH!
Growth = BULLISH!

Everything else is just denial.

The proof is in the price and in the charts.

Namaste.

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