I don't have a crystal ball but I've been thinking a lot about the market Insiders' business model.
News about the Halving could be used to create FOMO, which is essentially BUY PRESSURE.
That FOMO BUY PRESSURE could take the price to the 14K blow-off top and then be sold into, driving the price down to support for re-accumulation, before using news and FOMO again (this time for the ATH) to create more buying pressure. Then the Insiders will sell into that pressure near the ATH.
In 2020Q4 or 2021Q1 the ATH will finally be broken with major buy volume and Bitcoin will go ultra-parabolic, ultimately reaching six-figures.
Bitcoin is also currently coiling up inside of very large multi-year symmetrical triangle and ascending triangle patterns, the breaking of which will send Bitcoin past the moon...to Mars.
Strap in!
No financial advice, of course, just my own ideas on the market. I hope it helps you with your own knowledge and analysis.
Peace, Love, & Crypto,
B166ER
News about the Halving could be used to create FOMO, which is essentially BUY PRESSURE.
That FOMO BUY PRESSURE could take the price to the 14K blow-off top and then be sold into, driving the price down to support for re-accumulation, before using news and FOMO again (this time for the ATH) to create more buying pressure. Then the Insiders will sell into that pressure near the ATH.
In 2020Q4 or 2021Q1 the ATH will finally be broken with major buy volume and Bitcoin will go ultra-parabolic, ultimately reaching six-figures.
Bitcoin is also currently coiling up inside of very large multi-year symmetrical triangle and ascending triangle patterns, the breaking of which will send Bitcoin past the moon...to Mars.
Strap in!
No financial advice, of course, just my own ideas on the market. I hope it helps you with your own knowledge and analysis.
Peace, Love, & Crypto,
B166ER
"You didn't come here to make a choice, you've already made it. You're here to try to understand why you made it."
―The Oracle
―The Oracle
