Why are the Bitcoin bears shaking? Why are the Cryptocurrency bears shaking if we are supposed to be ultra-bearish? Why are they scared deep down?
I'll tell you why, because the Cryptocurrency market is set for explosive growth and subconciously they know it.
So the bears are about to get liquidated again and this is scary for them, that is why they are shaking.
They are shaking because of this chart and others like this one, SafePal (SFPUSDT).
Full green candle which closes today;
Moving above EMA50, closing today;
RSI gone bullish this week and volume rising...
Too many charts already looking bullish for what, another flash crash on Monday?
We already went through the flash crash after months of suspense... Once the shakeout is over, prices always move the other way.
We saw how the market removed hundreds of millions of dollars worths of longs, which means that the market wants to move up and needed to remove weight.
Now we have a light market. Light makes it easy to fly, no more heavy weight.
Anyway, this chart is strongly bullish and I have a feeling that it will be one of the major pairs moving in the coming weeks, something like what RUNE did but, keep in mind that things can always change.
Namaste.
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100% Green! I think there will be much more coming to this pair.
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This is going perfectly. Plenty of room available for growth. We can aim for the high targets.