We are not in the situation to be bullish. We need time to forget. As long as everbody think "this is the bottom", "that is the bottom" we will not hit it. The bottom will not lock in before most of the people think it's going to zero. Proove me wrong.
tourists! buy your tickets to the moon now. but the next train station you need to leave. the rest of the trip is for OG's only.
you think we found the bottom? i think we have to go down to 20k - 25k to shake them all out. it have to be this way. all tourists needs to leave the train. most scam-coins needs to get grounded.
you hold DOGE or SHIB? sorry, you have...
Maybe we see the same pattern from September again?
RSI is in same situation. MACD 4c is turning. Candlepattern shows a loss in downside momentum. EMA-Ribbons compressing.
Yellow area is very strong support. Golden Pocket.
For now, i'm shorttime bullish. But it would be a hard way up. 20Week and 52k is strong resistance. Next resistance 55k. Next resistance...
I will go to sleep the whole December long and closely watch the RSI for breakouts.
If RSI breaks downwards, i follow the red path.
If RSI breaks upwards, i hope for the green path with a rejection at 60k and another manipulation to 40k (or vice versa).
But the blue path would be more realistic. Maybe...
The only cryptos i hodl "forever" is...
Maybe it's all over now, like some esoteric artist preach since month and we are going down "tomorrow".
But maybe we see another uptrend for some month before the bears take over control. It would time for it. We need a very serious cleanup from all those 4000+ scamcoins in the cryptomarket until the next halfing-bullrun.
RSI hidden bullish.
Stochastic RSI needs...
No! It's not. It's always the same game.
"Feer and Greed" Index is at "extreme greed" (alternative.me) -> pullback is overdue.
And don't forget: EMA200 is magnetic. Even in bullruns.
A small pullback to 56k would be healthy.
Maybe another small pump followed by a "sell the news"-event (Bitcoin ETF)?
Maybe a flashcrash to 50 -...
I don't care about BTC price. I trace TOTAL.
If TOTAL gets rejected (again), it's most probably over.
If TOTAL creates and validates a new ATH, we might stay in a crazy bullrun 'till end of the Year.
Very positive Onchain-Data makes it (only) a Coinflip. Otherwise i would say: Down from here.
Everyone is hyped again. But we are near the double top (ATH) resistance in all major marketcaps. There is a big chance to bounce off and fall fast and hard. There is a small chance to ignore all sanity and break through. But well ... Hope dies last ...