It is true that I've been calling for Bitcoin sideways; not that I been calling for it, that is what Bitcoin has been doing...
Oh wait, Good afternoon my fellow trader, how are you feeling in this wonderful years-end?
I hope you had great fun celebrating the birth of Jesus the Christ and all that, but there is another party just a week away so I hope you can take some of your time to read this. For your entertainment of course 😄😅
Bitcoin has been sideways but this sideways is biased. Price action clearly shows higher highs and higher lows. Will the sideways continue or will Bitcoin break higher?
The truth is that January is only a few days away. 2024 is over.
It can take 10 days, or 20 days... But Bitcoin can grow slowly, moving higher and challenge resistance again.
We see some force at the last resistance point but support is found above 90K. Not at 90K but above it which is a signal of strength.
With this much strength, Bitcoin now being 15 years old. Many people are familiar with it, everybody knows what Bitcoin does every four years; Bitcoin is going up. With all these facts, all this knowing, all this awareness, all this strength, all this growth; can we not speculate that Bitcoin will continue rising? It has been doing so for very long.
The theory of the sideways market was based on the fact that Mars went retrograde earlier this month, around the 7th. It is true... Bitcoin was growing super strong, the entire market and come this date, everything stopped. Then we went on and assumed that the resumption of the bullish wave would happen late in February because that's when Mars stations direct and the exact same dynamics happened between late 2022 and early 2023 with this Mars retrograde; since it is already happening, why not expect the same?
This is true but this is only one signal, one data point. One signal in isolation can be dangerous. Or it is better to say that multiple signals combined are stronger and give a better picture.
When we add the cyclical bull-market in 2025, the improving market sentiment, global adoption, favorable regulations developing all across the world, etc. We are bullish on Bitcoin! Considering all these things it is easy to be ultra-bullish.
Another reason to be ultra-bullish is because we have been expecting a bull-market in 2025 since always based on all those patterns that we already know. Seeing it happening only reinforces what we predicted and since it is happening we know what's to come.
The recent bullish wave was just a preview. The next one will be literally twice as strong. So if your favorite pair grew between 300% to 500%, the next one will be between 600% and 1,000%. Amazing. And then there will be another one which will mark the end of the bull-market based on previous cycles.
We are entering a new world, a new reality so this cycle-pattern might be broken and we see something like a super-cycle but we can only know this after the event. For now, we know that Bitcoin is growing in 2025, the Altcoins will grow in 2025, so we are ready to take advantage of this knowing.
What would you do if you knew your favorite Altcoins are ready to grow by 10X?
How best would you take action now to profit from this situation?
How to make the most of this information?
It is happening!
It is already here!
It is not too late... The bull-market is only getting started, get used to it because we want growth, forever growth.
By the way, 150K is not this cycle top. We will see more.
Note👉👉
Trade active
This is the best time to stop (avoid) using leverage on your trades. When the market is sideways, this is the best time to stop, because this is when traders lose the most.
It is a great time to step out, develop a plan; buy and hold.
It is the worst time to go LONG or go SHORT, because the market is ranging.
The best time to go LONG is at the start of a major bullish wave. We had one recently and it was preceded by several months of consolidation. Before the next bullish wave, we will need several additional months of consolidation for the market to gain strength.
If the market is correcting why not go SHORT?
Because this is a small correction within a strong bullish cycle. A retrace can end any day, at any time, as if by surprise. A SHORT position can be easy liquidated when the market changes course.
Since the market is bullish and the next major move is up, it is wise to trade with the market and thus all leveraged positions should be LONG. But, patience is key. There is no point in entering now and getting whipsawed. It is better to wait for a great entry timing, that's when the big profits can show up.
This time is best to prepare, to study and to personally grow.
This preparation and this growth will allow us to earn more when the next bullish move shows up.
It can start tomorrow just as it can start within a month.
Patience is key.
Thanks a lot for your continued support.
Namaste.