B166ERcrypto

Bitcoin's January Candle Means Business

Long
KRAKEN:BTCUSD   Bitcoin
It looks like Bitcoin has turned it's thrusters on! I'm sure you stare at these charts as much as I do. You KNOW how Bitcoin is. It came down to the parabolic adoption floor and we're witnessing a huge bounce in January so far. This candle means business!

Just look at my recent analysis regarding the bottoming patterns of Bitcoin. I found so. many. patterns. It's unreal. Like taking candy from a baby. I called it because of all of the evidence that I saw that no one else was talking about or doesn't give it enough weight. Why does anyone worry about the short time frames on the most parabolic asset in human history? The market insiders are able to use our FOMO to pump the price and then sell at retail levels. It will keep happening. And along the way they absolutely chop traders up. Look at the wicks on small time frames. It's unreal how much shenanigans the Insiders play on traders.

They brought the price down to wholesale levels when every trader is shaking in their boots thinking the price is going to go lower but it didn't because they risk selling into too much buy pressure and losing precious coins they need to sell later. They "fill their warehouse" near the adoption trend line and then pump the price to sell at "retail levels". Those are the bubbles. They are partially natural and partially manipulated as waves of adoption take place.

Make no mistake, Bitcoin has been in a bull run since it's inception. I mean, LOOK AT THE PRICE ACTOIN! ANYONE ELSE SEE NOTHING BUT STRAIGHT UP, REALLY? That green adoption line is the single most important trend in Bitcoin and it is poised to rocket STRAIGHT UPWARD INTO THE STRATOSPHERE. They are accumulating now and will soon drive the price up higher. Look at this month's candle, man! The engines are just getting heated up!

Peace, Love, & Crypo,
B166ER

PS: I'm glad I switched to position trading. You can't lose. Even swing trading is treacherous in these waters. It's so brutal. Almost everyone loses their money. Good luck to anyone fighting that battle.

"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
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