I rarely do predictions, as you can see. But when I do, it's usually because I'm procrastinating. Now listen, BTC has been hanging out just below 30K for a while now. Almost 3 months to be roughly exact. Yes, I know, cryplets love their low timeframes but zoom out for a second, would you? Is this distribution? Is this accumulation? The hell I know? I've no idea how markets work. They're boring af. But let me tell you one thing: Last time I took an online pattern recognition IQ test, I scored 142. Yes, let that sink in for a second or two. So if I recognize a pattern I usually can't remember where I've seen it before and how it played out because a chick gave me mono once and my short term memorizer has been all effed up since, but in this case I DO. We saw these kind of patterns right after the good old C-dump.
The whole market was waiting for a secondary low and their meme divergence but it never came. Yes, it looks rekt. Yes, there's a lower high. But is there follow through?
Long story short: 32 people in the United States are killed every day in crashes involving an alcohol-impaired driver. Think about that. Also don't be a beartard. As long as 26K holds on a daily closing basis, I'm confident we will see 35K at least.
The whole market was waiting for a secondary low and their meme divergence but it never came. Yes, it looks rekt. Yes, there's a lower high. But is there follow through?
Long story short: 32 people in the United States are killed every day in crashes involving an alcohol-impaired driver. Think about that. Also don't be a beartard. As long as 26K holds on a daily closing basis, I'm confident we will see 35K at least.
Note
So the SEC sues two of the largest crypto exchanges and all the bears get is a dangling ballsack below 26. Listen fellers, if you still haven't put your bullhorns on, there's no hope for ya. None. 0.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.