BITCOIN-EVIDENCE: Parabolic Bull Run Will Happen!!
3. Global Market Sentiment (has decreased a bit lately but always happens at key levels)
4. The Momenum (Greed) keep increasing ( Histogram)
5. BTC-Dominance Movement is similar with what happened before the bull run in 2017 (for instance: First a crazy increase in BTC-Dominance, then a sharp fall, a consollidation and then we expect another drop )
6. Our match extremely good with this scenario, COMBINED with...
6a ...what we can expect the whales wish happens, and also how they will be able to take advantage of the situation.
6b ...the Psychology of the Market Cycle, and how we can expect that people will behave. Just one example could be, that when we reach just above 10,000 USD Main Stream Media will pick up on the story, and this will engage new players to come into the market again.
There are no doubt, when you look at the technical aspects of it, this is the most likely scenario. Short term we MIGHT see a Stop Hunt very soon to the downside first, before we will go up again and continue our Bull Run!
Please give a LIKE!
This is so toxic. We have been back and forward this key level more than 40 times. And of the biggest risk - it depends on how you see it- is that this a BULL TRAP.
We could very well see, that we will go up and drop hard after. It would kill the LONGS and shake the market, which might be a good idea for the whales if they could hence it would be super proftiabable.
IF it happens it will still not ruin our Parabolic Movement. As you can see we have room for dropping or going sideways for a week more.
But watch out for Bull Traps.
It would be the perfect Whale Move
Or option number 2, which I believe is a bit more likely, instantly down and then UP again.
Please GIVE A LIKE. Would make me happy + there is a lot of wotk put into this.
BUT, BUT... I shouldnt celebrate anything right now - as I said before, this area is toxic. Bear and bull traps everywhere.
But lets follow it closely! And thanks for followin me guys.