D4rkEnergY Will Show You BITCOINS Path - MOST LIKELY SCENARIO!
When the market starts to turn , traders tend to become impatient. That is a normal human behavior since we don't want to miss out on a potential rally - you have probably heard about FOMO (Fear Of Missing Out).
This is in our biology, so we all feel it. But some people are better at dealing with it. It's all about having the right mindset.
And THIS is THE biggest challenge at this stage of the Market Cycle. YOU are your own biggest enemy right now. Don't just jump in a trade cause the price is moving quickly. Be patient. Good opportunities occur all the time
I've been telling people since February the 5th, that we were in an accumulation phase. One week ago I wrote on Twitter , that we would escape the trading range before you would expect it. I also said that we would enter a Bull Market soon - and now see where we are. Everything is looking good.
You guys know I'm honest - So I will also tell when I'm wrong. And I was wrong in my last chart, when I predicted, that we would take a small detour first before we would go up. But that is the name of the game.
Now take a look at XBTUSD 1D Chart - let's jump in. Here is what I think's gonna happen! Right now we are on the 5th Sub wave (purple) on the 3rd Main Wave (blue). The 5th subwave will probably be pretty short due to resistance at 5,2xx USD.
So my advice to you is to wait. Because soon we will retrace a bit (4th wave). And then, my ladies and gentlemen, we will GO UP AGAIN. Our target is between the 2 red lines - most likely 6,000-6,300 USD.
It's going to be an AMAZING summer!
And as always - I would be really happy for a LIKE!
The 5th Sub-Wave is having a hard time with the red resistance line, and therefor we might see it be truncated.
Thereafter we will retrace on wave 4.
Hereafter we will go up again and finish our 5th Wave!