Bitcoin-Bulls Are Unstoppable! Insane Bullish Market Sentiment!

BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
I gave you a warning in my last update, and I hope you didn't get trapped like many people did. We have seen first Longs and then Shorts getting killed. The BTC-Market is extremely difficult around 8,000 USD because of super high juicy liquidity pool, which whales are trying to take advantage of by Stop Hunting.

We cannot ignore this - We gotta go with the Bulls again, and WE WILL GO ONE WAVE HIGHER even though more Shorts are coming back. As I told you before -its just bait for the Whalees.

We have witnessed extreme Bullish Market Sentiment in the global Market. BTC-dominance has fallen 2.1%(!!).

And even though the Bitcoin structure has been looking quite bearish for a long time, and a potential Head And Shoulder Formation was forming, Bulls kept buying up.

So as you can see from my drawing the right shoulder has never really formed, and instead we have an ascending bullish triangle.

So this is just a matter of time before we will go at least 8,400 USD!


Please give a LIKE!
May 15
Comment: Just to make it clear - cause I know that there are a lot of beginners in here -which is understandable - doesnt always understand how to read a chart. And they will ask me up or down, because I have made 2 different scenarios.

This is about probability. In OUR FAMILY we give signals, and we always use money management and risk management. And we use a good Risk Reward Strategy.

And I will also encourage you guys to always to always to do the same.

I will reveal for you, that the most likely scenario is the GREEN one.
May 15
Comment: You can also see here, illustrated differently that the Bulls are gaining momenum even though it looked worse earlier today.

They just seem unstoppable - and then we cannot deny the huge bullish Market Sentiment. I really dont like to say this, but it seriously looks like the parabolic movement we had back in 2017 when we went to 20,000 USD

May 15
Comment: Boom! Super important Break Out Attempt!

May 15
Comment: CRUCIAL MOMENT for Bitcoin. As you can see we are inside a channel, but we are almost sliding out of the wedge if we dont manage to pop up.

Our indicators looks bullish, and also the price movement in general so we are still keeping our position in our FAMILY. We went long from around 8,000 USD and have made money.

But over all it looks fine, but as Ive said 100 times its a very toxic area due to the whales and stop hunting.

May 15
Comment: Boom! Our Family keeps making money on Longs. We don't care about all the Shorts. We go against the market.

New maximums below the previous pivot. Bearish patterns in smaller time frames. Careful with taking long positions after all these pumps, and if you decide to take them, set a tigh stop-loss right below the last pivot at $7,730

People forget, this is one asset that most of the planet has access to. No other stock or whatever has the same penetration.
Lol, became bull now?
A bullish ascending triangle? Are you blind ? Bearish rising wedge, but i mean what can you expect from a perma bull trying to sell his signals group.
+3 Reply
sdahiya117 HyperionAllied
@HyperionAllied, go get some sleep with your bearish rising wedge...you're blind.... dont you see the btc movement.....it is stronger than 2017.
+1 Reply
kardia sdahiya117
@sdahiya117, we will see less and less of these people in the coming years. They can deceive themselves into believing it's all going to collapse, but they can't stop the inevitable. Future currency will be digital, and Bitcoin will play a key role in it all.
+3 Reply
@kardia, Right, i believe in bitcoin im just saying the TA is wrong, and would you look at that, I was right. BTC to 6.3k then ATH.
kardia HyperionAllied
@HyperionAllied, TA is usually going to be wrong in a market as manipulated as this one. Whales have an unfair advantage. Reminds me of Forex. Another shady market.
Good charts and Ideas, but I'll wait for 6500 retrace, rather than feed this frenzie.
+9 Reply
jether CryptoRabbit
@CryptoRabbit, Same. I'm not going long just to watch it drop like a rock.
+2 Reply
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