BULLS AND BEARS DESTRUCTION
So we can see on the chart that Bitcoin clearly shows a new dynamic since 2018, which of course it didn't have before. Bitcoin always loved huge bounces but it started showing a change, indicating a behavior without any kind of bounces when whe institutions started to penetrate the market in 2018.
I think we will witness something similar now. With the new approach that BITCOIN has taken it is convincing everyone that now it is weak and wants to fall, then many will start shorting it and that way It will then destroy all the bears by doing a fake bullrun up to 50k possibly 55k so that it appears convincing everything is all systems running.
When everyone is celebrating 🍾 the Bull...that it has resumed everyone will go Long since the bull is back.
The new approach Bitcoin took will then see the Bulls getting a nice Charming destruction slowly and nicely falling into down steep cliff to 20k retesting the MA200.
Yes all this appears to be inconceivable that it will destroy any last hope in a Bull's Kraal.
Once that is done Bitcoin after the destruction of the Bulls and Bears 🐻 alike, Bitcoin will be ready to take a rally all the way to 200k most probably Mid 2022 or Late 2022.
All The Best as you Balance your High-low trades.
If you like the Ideas 💡 plz like and share and follow us on Facebook Insight Trades
I think we will witness something similar now. With the new approach that BITCOIN has taken it is convincing everyone that now it is weak and wants to fall, then many will start shorting it and that way It will then destroy all the bears by doing a fake bullrun up to 50k possibly 55k so that it appears convincing everything is all systems running.
When everyone is celebrating 🍾 the Bull...that it has resumed everyone will go Long since the bull is back.
The new approach Bitcoin took will then see the Bulls getting a nice Charming destruction slowly and nicely falling into down steep cliff to 20k retesting the MA200.
Yes all this appears to be inconceivable that it will destroy any last hope in a Bull's Kraal.
Once that is done Bitcoin after the destruction of the Bulls and Bears 🐻 alike, Bitcoin will be ready to take a rally all the way to 200k most probably Mid 2022 or Late 2022.
All The Best as you Balance your High-low trades.
If you like the Ideas 💡 plz like and share and follow us on Facebook Insight Trades
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