YOU ARE BEING TRAPPED THIS IS A BULL TRAP NEXT LEG LOWER WILL BE VERY BRUTAL BE PREPARED
When in doubt zoom out! I’m sure we’ve all heard this phrase, but whenever market moves aggressively, we let our emotions take over
$BTC was screaming for a correction, still is, most people don’t see the bigger picture. Major trendlines were there at resistance, major fib levels marked resistance, euphoria news all over the place, extreme greed at the peak levels.
People ignore all this and think it’s gonna keep pumping forever, believing it will never go down, that simply does not happen, it needs a deeper pullback towards 60-65K for flushing all those retail buys and arrogant over leveraged traders.
Plan is working out perfectly, 101-104K then road towards 60-65K. Let’s go people.
1) Head towards 101-104K first then start nuking 2) Dip a little lower possibly 86-90K then pump towards 101-104K and then start nuking
Either way, $BTC is leading down and main target remains at 60-65K then a major altseason takes place, marking the most parabolic and significant leg of this bull run.
1) Head towards 101-104K first then start nuking 2) Dip a little lower possibly 86-90K then pump towards 101-104K and then start nuking
Either way, $BTC is leading down and main target remains at 60-65K then a major altseason takes place, marking the most parabolic and significant leg of this bull run.
#BTCNextMove The next major move imo still leads to huge downside although it might run towards 101-104K but it changes nothing. You know my targets. 60-65K at this point seems INEVITABLE.
$BTC WILL DROP MUCH LOWER, Most people believe it will never go down again, which makes it even more probable.
2 major reasons why i believe it will come true 1) Major Fib retracement on a monthly timeframe points straight towards 60-65K 2) Key Monthly trendline that we broke through hasn’t been tested yet, which again points at the exact same level.
I do believe we’ll break ATHs again, i do believe that a parabolic Altseason will occur, but a deeper correction is required, market is way too overextended with high leverage traders believing they’ve caught a position of a lifetime, which is almost never true.
$BTC #ALTSEASON $ETH The we’re back narrative is back. Won’t last long The kind of uptrend we’ve had, needs sufficient drawdown. This was merely a taster of what’s to come #BTCNextMove #BinanceAlphaAlert
$BTC 95k a month ago and $BTC 95k now What a huge difference in sentiment, simply tells you how emotionally invested and over invested people are in this market. What’s happening now was due. What will happen next is also due, all in due time.
DO NOT TRY TO CATCH A FALLING KNIFE What’s going on is merely a change in structure, the worst is yet to come or should i say the best. Major shopping spree awaits. My eyes are set on 60K $BTC #MarketPullback