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