Since the lambo candle, we've went bullish. Breaking the major downtrend resistance has kept us moving up and rightfully so, we just finished up around 3 months of corrections.
The last time we touched the bottom of this channel, we broke up hard through the top, and although it didn't hold, the FOMO was real profitable for those whom were brave enough to buy into something that could have simply been a quick short squeeze.
From my perspective, the bears were rekt, or at least feel like they hibernate for a while. Why? Supply is low, no one wants to miss out on the moon, and the big dude that made that huge move has rallied the market out of the bubble talks into #wegotto10ktho
We've created a new channel since and after a 10% discount was afforded to bitcoin buyers looking to get in on the action, BTC bounced quickly up to 9300 from 9000, and seemingly has held pretty strong as I write this.
If the king wants to continue the push, I don't see many bears getting in the way of his horns on the path to 11k, and any matador in his path could look more like a rodeo clown after he gets done his run.
Not financial advice,
The last time we touched the bottom of this channel, we broke up hard through the top, and although it didn't hold, the FOMO was real profitable for those whom were brave enough to buy into something that could have simply been a quick short squeeze.
From my perspective, the bears were rekt, or at least feel like they hibernate for a while. Why? Supply is low, no one wants to miss out on the moon, and the big dude that made that huge move has rallied the market out of the bubble talks into #wegotto10ktho
We've created a new channel since and after a 10% discount was afforded to bitcoin buyers looking to get in on the action, BTC bounced quickly up to 9300 from 9000, and seemingly has held pretty strong as I write this.
If the king wants to continue the push, I don't see many bears getting in the way of his horns on the path to 11k, and any matador in his path could look more like a rodeo clown after he gets done his run.
Not financial advice,