Why i know Bitcoin won't drop now.

For the very few lucky people who will see this "as my audience had been declining recently" I have a little thing to say to you, Bitcoin will not drop as most of your home page posts are saying.

Why?

1. Well, the first reason is exactly what i just said, because most of the people are expecting a drop to happen, and market makers always shift the market against the will of the people. "Be greedy when everyone is fearful".

2. Secondly, Bitcoin is currently above a good demand area "86-88k" area and this should provide some cover for it or a base for it to consolidate for sometime before making a move "Which i suggest an upward move".

3. The current situation reminds me of the corona pandemic time, When everyone was hearing about bitcoin making new highs, new numbers everyday, multiplying people's fortunes.. This will stir new cows into the market, which will be highly rewarding later when they drop it like a rock, so any major downward move right now would be damaging to the hypnosis process being played on new cows.

4. Buying the news. This point is a bit related to the previous one, Currently a lot of positive news are being circulated "High ETF inflows, new listings, Tether minting, sharing positive analysis about BTC hitting 100,000, Trump's appointment and speculations, BTC value rising above silver.. etc.. etc"

Voila, Happy hunting.


#N4G