BITCOIN-EVIDENCE: Parabolic Bull Run Will Happen!!
Updated
There is a 70 % Chance that we will see a Parabolic Bull Run like we saw it 2017 within a month - Not even that: This time it will most likely be even more crazy. Its a fact, that already now, we have been going steeper and faster than before.
EVIDENCE
1. Price Volume Trend Convergence
2. Bullish Volume Record
3. Global Bullish Market Sentiment (has decreased a bit lately but always happens at key levels)
4. The Bullish Momenum (Greed) keep increasing (MACD Histogram)
5. BTC-Dominance Movement is similar with what happened before the bull run in 2017 (for instance: First a crazy increase in BTC-Dominance, then a sharp fall, a consollidation and then we expect another drop)
6. Our Elliott Waves match extremely good with this scenario, COMBINED with...
6a ...what we can expect the whales wish happens, and also how they will be able to take advantage of the situation.
6b ...the Psychology of the Market Cycle, and how we can expect that people will behave. Just one example could be, that when we reach just above 10,000 USD Main Stream Media will pick up on the story, and this will engage new players to come into the market again.
There are no doubt, when you look at the technical aspects of it, this is the most likely scenario. Short term we MIGHT see a Stop Hunt very soon to the downside first, before we will go up again and continue our Bull Run!
D4
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EVIDENCE
1. Price Volume Trend Convergence
2. Bullish Volume Record
3. Global Bullish Market Sentiment (has decreased a bit lately but always happens at key levels)
4. The Bullish Momenum (Greed) keep increasing (MACD Histogram)
5. BTC-Dominance Movement is similar with what happened before the bull run in 2017 (for instance: First a crazy increase in BTC-Dominance, then a sharp fall, a consollidation and then we expect another drop)
6. Our Elliott Waves match extremely good with this scenario, COMBINED with...
6a ...what we can expect the whales wish happens, and also how they will be able to take advantage of the situation.
6b ...the Psychology of the Market Cycle, and how we can expect that people will behave. Just one example could be, that when we reach just above 10,000 USD Main Stream Media will pick up on the story, and this will engage new players to come into the market again.
There are no doubt, when you look at the technical aspects of it, this is the most likely scenario. Short term we MIGHT see a Stop Hunt very soon to the downside first, before we will go up again and continue our Bull Run!
D4
Please give a LIKE!
Note
CRUCIAL MOMENT for Bitcoin - about to break out from its triangle. BUT its not crucial in the sense that IF we break up, we then will continue up and automaticically go to 8,5k and make new highs.This is so toxic. We have been back and forward this key level more than 40 times. And of the biggest risk - it depends on how you see it- is that this a BULL TRAP.
We could very well see, that we will go up and drop hard after. It would kill the LONGS and shake the market, which might be a good idea for the whales if they could hence it would be super proftiabable.
IF it happens it will still not ruin our Parabolic Movement. As you can see we have room for dropping or going sideways for a week more.
But watch out for Bull Traps.
Note
And here you can see, how they like toying wit us. It look like we gonna break up, and suddenly we are once again turned around. This could potentially lead to a big drop I have been talking about.Note
WARNING. My intuition is telling me, that we will see something hasnt mentioned at all apart from me.Note
And That is the Stop Hunt to the downside. We might see a sudden drop quickly like we saw what I believe was on the A-Wave. It would look something like this.It would be the perfect Whale Move
Note
I know people dont like to hear this, but that is sometimes how it is with trading. This is a close as it can be to FLIP A COIN whether we will have one wave more up and then down again for hereafter to continue our bull run.Or option number 2, which I believe is a bit more likely, instantly down and then UP again.
Please GIVE A LIKE. Would make me happy + there is a lot of wotk put into this.
Note
And boom...7800 USD. We are dropping! Me and our family were CONTRARIANS once again when everyone thought we would go up.BUT, BUT... I shouldnt celebrate anything right now - as I said before, this area is toxic. Bear and bull traps everywhere.
But lets follow it closely! And thanks for followin me guys.
Note
Probably the BEST BITCOIN-SIGNAL in 2019!
Note
WATCH OUT- LONGS WILL SOON BE KILLED BY WHALES
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