Confirming A New Bull Market?

9 сент. 2019 г.

Every bull cycle in Bitcoin's past has always held the 21 weekly MA as support during the length of the bull run.

Everyone is expecting Bitcoin to dump - Even myself to an extent - However, taking out all of the Twitter guru's distraction and noise I am beginning to to think that 99% of the general public is going to be left waiting on that magical price drop to come, but it never is.

Humans get so fixated on the "right now" that they fail to step back and see things for what they really are. People walk through life with their own very specific perceptional lens and fail to check themselves to see if they subconsciously married their bias.....

Until proven otherwise I will be betting that the 21 MA is going to hold....remember how bull markets evolve after coming out of a bear market: People will be in doubt & disbelief until it too late then they FOMO the top.

Most missed it at 3k and will repeat it again here

9 сент. 2019 г.

Заметка

If the 21 MA fails to hold and we don't reclaim it - I truly believe that would be a bright red warning sign saying we have much bigger problems for good ol' Bitcoin.

Until the charts tell me otherwise, I'm in bull mode

/ \
/X/ \X\
|XX\ _____ /XX|
|XXX\ _/ \_ /XXX|___________
\XXXXXXX XXXXXXX/ \\\
\XXXX / \ XXXXX/ \\\
| 0 0 | \
| | \
\ / |______//
\ / |
| O_O | \ |
\ _ / \________________ |
| | | | \ /
/ | / | \______/
\ | \ | \ | \ |
__| |__| | __| |__| |
|___||___| |___||___|