ConqueringCrypto

There are a few big things that could affect BTCs pricing soon

KUCOIN:BTCUSDT   Bitcoin / Tether
From a macro stand point Bitcoin is still riding its bull market highs from last week. We had a bigf 7% fall that occurred a few days ago.. the market as a whole has been hurting since. My biggest concern is that we might be developing the same kind of bear consolidation pattern that we did back in March (the blue box on the left) that happened before the bear market came into play (April-July 2021). I didnt want us to break 58,000 since that was our consolidations support point. And it looked like we were at least going to stay in consolidation (which is fine compared to the bear alternative) to the point where we would see slow bounces inside but eventually leading us back to the top for new continued ATHs. I do not know what we are going to see from BTC from here but I do not have the same positive outlook I had weeks ago. Keep an eye on your bags, dont sell if you dont need the funds (you shouldnt) and HODL on tight.. if a big fall happens so be it.. will it return even stronger?????? AB-SO-LUTELY. Cheers
Comment:
I just noticed my box on the right says 'a pear market' instead of 'a bear market' and honestly I am cracking TF up right now hahahahaha... Next week we will go into an apple market!! followed by a grape consolidation...

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