BTC quick update
I told you it was the bottom.
The descending channel has now been violated with a target of 64k. Also, IHnS on the hourly has been confirmed with 60 as a target. There is still a small possibility of a slippage down to 56 after the channel breakout. If that's the case, it is a blessing that I won't miss out.
Not much to say here. We are likely finally out of the woods. Get ready for some extreme action when the ATH is successfully broken.
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The descending channel has now been violated with a target of 64k. Also, IHnS on the hourly has been confirmed with 60 as a target. There is still a small possibility of a slippage down to 56 after the channel breakout. If that's the case, it is a blessing that I won't miss out.
Not much to say here. We are likely finally out of the woods. Get ready for some extreme action when the ATH is successfully broken.
FOLLOW ME, SHARE, LIKE AND COMMENT.
Note
Heavy market manipulation on opening today. The news causing this is the new covid variant (Botswana and Hongkong variant). I was surprised we didn't see this kind of manipulation yet. They are liquidity hunting to create supply for a major player to load up more BTC. Structurly nothing has changed as you can see from the above chart. When you feel fear, zoom out to the daily and weekly timeframe, BTC is supper bullish, amazing uptrend with higher high, higher low. Textbook definition for an uptrend. Just relax, go for a walk and stop watching the portfolio...whales have accumulated 2.36 billion BTC in the last two weeks. They are trying to get your bitcoins by fearing you out. The variant is just a rumour with no real consequences at the moment...emotion manipulation
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