B166ERcrypto

Bitcoin Morning Star Pattern + HH on Monthly Candle Body Close

Long
B166ERcrypto Updated   
KRAKEN:BTCUSD   Bitcoin
I saw an article on the total crypto market cap that mentioned these. I agree so I'm adding them to all of the bullish evidence I see in the Bitcoin chart. This is all pointing to the fact that Bitcoin has reversed trends from bearish to bullish. The monthly morning star in conjunction with a hammer candle is quite bullish.

January's candle looks to be engulfing the two previous month's candles. If you don't think that's bullish AF then you're just being obstinate. We're about to leave the 8K region and NEVER return. Due to the parabolic adoption curve it's already extremely probable that you will never see a sub-7K Bitcoin and it's starting to look like you probably won't see sub-8K Bitcoin ever again as well.

The article mentions 10 factors confirming that the bulls are back in charge. Bitcoin's Monthly chart is EXTREMELY POWERFUL. It makes clear that which is obfuscated in the noise of the shorter time frames.
www.newsbtc.com/2020...as-officially-begun/


I have identified DOZENS of pieces of evidence that show without a doubt that having a bullish bias right now is the way to profitability.

Not financial advice. I hope these ideas help support your own analysis.

Peace, Love, & Crypto,
B166ER
Comment:
Looks like January is a Bullish Engulfing candle that engulfs the last two bearish candles. This is very bullish.

"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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