Bitcoin-Bulls Are Unstoppable! Insane Bullish Market Sentiment!
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 Market Sentiment in the global Market. BTC-dominance has fallen 2.1%(!!).
And even though the Bitcoin structure has been looking quite 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 triangle.
So this is just a matter of time before we will go at least 8,400 USD!
Please give a LIKE!
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.
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
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.