Good morning and good week my fellow Cryptocurrency trader, I am hoping you are having a wonderful time.
The month is about to reach its end.
Bitcoin is about to close red for the first time in eight months, since August 2023.
This is a major development and a very clear, very strong, unavoidable and revealing signal.
This signal can clear all doubts;
This signal can, finally, make things easy...
Now, everybody can see.
Notice on the left side of the chart, coming up to mid-2021; Bitcoin rises month after month after month, all green. As soon as it turns red it is already the end. The first red candle signals the end of the rise.
The first red candle activates three months of red.
Then again in November 2021... After some growth, just one red candle leads to three months red.
Bitcoin has done the best it has ever done in its monthly history, talking and looking about the chart. Bitcoin is the best right now because it closed green for seven straight months.
It is now confirmed that Bitcoin is no longer moving ahead on the monthly timeframe and this tells us that the much expected correction is now 100% confirmed but...
Those that failed to sell by now must be those that decided they want to hold through the correction... That's ok!
Some people are trading and thus buy and sell, look for entries and exist timing the market and tracking everything it does. Some other people are more relaxed, love Bitcoin, and focus only on buy and hold.
All those that trade already sold.
If you are trading and haven't sold now, keep in mind that you are about to enter a phase of long-term hold. Holding is fine, but just know that the market has the ability to move down, just as it moved up.
We love Cryptocurrency... We will get the bottom of the correction, literally, and ride the entire bullish wave all the way to a new All-Time High in 2025.
Will you join us for the ride?
Namaste.