D4rkEnergY
Long

Bitcoin-Whales Are Toying With You Again and Again!

BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
First we saw how the BTC-Dominance increased from 50%-60.1%. That was were OUR FAMILY made a lot of money when we went from 5k to 8.4k USD.

Then - literally out of the blue - we dropped 4 % in BTC-Dominance and everyone was shouting Altcoin season. Altcoins fared better than Bitcoin , BUT it was only for 2 days.

So What is Going On

Trading at Key Levels which 8,000 USD is, is ALWAYS super toxic. Whales are having a blast. They stop hunt again and again. I think its around 40 times we have been back and forward 8,000 USD (Key Zone 7,900-8,100 USD). For reference look at my latest chart.

So what happens is, that when we are getting closer a key level the optimism rises, and that was why we saw the Altcoins going bananas. But when Bitcoin then cant choose a direction, investors starts to worry, why they again leave the altcoin market.

Interesting BTC-Dominance Movement

The BTC-Dominance movement lately is very similar with happened before the Parabolic Bull Run in 2017.

I have my reasons to believe that we MIGHT see a Parabolic Bull Run like in 2017. In fact we have moved way faster and steeper, than what we did back then. Whales have changed their plan - and the move from 5k to 8.4k USD went faster than expected.

BUT...

...before all this happen you will experience that the whales will continue to go back and forward, up and down, just to kill you and take your money.

So Watch Out!

D4

Please give a LIKE!
Comment: Aand we have the break out attempt from the bulls! As I mentioned before -around 40 times the last 7 days we have been back and forward my blue zone.

So dont expect we will make new highs if we succeed. Play is safe. Only litlle leverage. Money Management and Risk MAnagement.

Comment: I was correct as you can see - we went up from the wedge, and our FAMILY made dollars on that move. But notice how I also said that you SHOULD NOT EXPECT NEW highs right away.

But. I have an update where I argue for a 70 % change for we will see a Bull Run.

Here Are The EVIDENCE: BITCOIN Will GO into PARABOLIC BULL RUN! MUST SEE...

Like a slap in the face, bears will be left behind again...
and again..
Reply
kardia Decrypt0
@Decrypt0, they have been stepping on us for more than a year. The bear's glory is coming to an end.
+1 Reply
Good luck. Dont know which way it will go. Lining up two scenarios.
Reply
Disagree with you on this one mate, good luck
Reply
Thanks for sharing your knowledge D4
Reply
as ususal great explaination on current market movements. Thanks
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out