BITCOIN: The Ball is ready for kicking...but no one wants to play?
... It cannot rebound anymore... The ground pitch seems solid...
...just a sudden hit of 15 to 20B$ on BTC can trigger the BULL run of the full crypto market
The question is...
WHEN?
Difficult to answer, of course...
- The volume is very small, so the only money on the game is OUR money, not more not less... there is no new FIAT entering
- No great announcements on the table...even worse, ETF not expected to arrive soon...
- We are in the middle of a "consolidation phase", hopefully ending the Bear Trend...
Actually, to see a clear Reversal cycle we would need BITCOIN to:
- Break The Upper Mid-term Resistance and...
- Reach a higher price than the previous high...
If these two conditions are confirmed, we will enter on an "Accumulation phase" or first stage of the Bullish Cycle...
As usual, patience is the key, always...
*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently.
Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.
Published on
by toofasteddie
Guess that means no 'party time' this year
Better said, Let's accumulate as much as possible...
it's the calm before the storm
Exactly
Posted using Partiko iOS