BTC – time to ride. Lot’s of negativity but we go up
Hello Traders!
Still not sure where BTC aims?
We like quotation from Barry Silbert, founder of Digital Currency Group which is one the most prolific investment fund.
He said:” When the chair of the Fed says negative things about bitcoin, and Howard Marks says negative things about bitcoin, and Ken Griffin says negative things about bitcoin, and bitcoin doesn’t move, I think that’s a bullish sign”
So this is so true. There so many “prominent” people who sow anxiety on and on that people don’t believe them any more. They are the face of the old, centralized system for those who have connections and are able to elbow their way.
Crypto assets are different – owning them you can actually influence the way they go. This means power to everyone. How cool is that?
This is normal for such people to defend their positions. They don’t want lose money and their influence. But this is actually happening. People are getting understand that. They don’t defend people. They defend themselves and their interests. That’s it.
Looking back at the chart.
So guys what are you hopes and expectations? What does you intuition/experience say to you?
Do you have similar feelings as Barry Silber and us? Share them with us in the comment section.
If you like our job don’t forget to like. In order not to miss any updates click follow!
Thank you for your support.
HUGE Hugs!
WBM Team
Still not sure where BTC aims?
We like quotation from Barry Silbert, founder of Digital Currency Group which is one the most prolific investment fund.
He said:” When the chair of the Fed says negative things about bitcoin, and Howard Marks says negative things about bitcoin, and Ken Griffin says negative things about bitcoin, and bitcoin doesn’t move, I think that’s a bullish sign”
So this is so true. There so many “prominent” people who sow anxiety on and on that people don’t believe them any more. They are the face of the old, centralized system for those who have connections and are able to elbow their way.
Crypto assets are different – owning them you can actually influence the way they go. This means power to everyone. How cool is that?
This is normal for such people to defend their positions. They don’t want lose money and their influence. But this is actually happening. People are getting understand that. They don’t defend people. They defend themselves and their interests. That’s it.
Looking back at the chart.
- Locally we are in the uptrend
- Gann Fan – strong uptrend – if you think of selling wait till we cross 1/1 line. Then reload.
- We have resistance at level between $7500 - $7800 to break. Once broken we will attack $8500 and $10000
- MACD – positive convergence observed
- Volume Flow Indicator (VFI) – still room to grow – let’s see if we break last peak
- Chaikin Money Flow – we have a positive divergence
So guys what are you hopes and expectations? What does you intuition/experience say to you?
Do you have similar feelings as Barry Silber and us? Share them with us in the comment section.
If you like our job don’t forget to like. In order not to miss any updates click follow!
Thank you for your support.
HUGE Hugs!
WBM Team
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