BITCOIN Whales Will Fool You AGAIN - We Will Drop Even More!
I don't think we are done with our downtrend! You can see how we are caught inside a big Head and Shoulder Formation. We just witnessed a Stop Hunt yesterday to kill the Longs, and I think we will see something similar again.
For our Family I have made another position, and been been so bold and cocky to set a target below 6,000 USD, cause I see the whales want us to break that level. Look how more people still are LONG, and I think they will get another punishment, when we get another drop later.
This can very well be part of the whales new plan! Cause right now, people are still , but IF we go below 6k USD, Dumb Money will convert their narrative.
And THEN we will most likely turn around again and continue our parabolic movement up!!
Please give a LIKE!
I hope we hereafter will drop down and make the 5th wave.
Its the C-Waves that will take us down.
The only thing that can take away our deserved victory is if the whales, wanna play games. IF they are clever (I dont even really want to mention it, cause I dont want to jinx it) if they make a quick move up around 7,9k and then down again!!
But its not that easy.
The bulls are getting more momentum - the formation is bearish though, BUT our problem is, that it is SUPER EASY for the Whales to Stop Hunt the Longs out of the market making some huge buy orderes followed up by buy walls.
Furthermore we are in range, and pretty close to 8,000 USD so it would be possible for them to accomplish this.
Luckily for us there are more Longs than Shorts, which MAYBE makes it more proftibable and Short Squeeze for hereafter to buy up at a lower level as we saw yesterday. And that is what we are hoping for.
Our Elliott Waves also match. My dotted line we will hopefully not go above. Its around 7,500 USD. The B-wave is not determined so its not necessarily death , but we would prefer it was a simple B-wave and then followed by the C-Wave Ive also illustrated for you.
Its definiteley exciting.
Yep.. he is a good trader still can make mistakes tho
Or me haha