Let me start saying, that I hate being the one calling a NEW crazy Bitcoin Parabolic Bull Run - But something has happened in the market lately that we cannot ignore. It has even surprised me, the whales, and pretty much everyone.
You guys already know, I spotted the Whales Plan when we went from 5,000 USD to 8,400 USD. And Our FAMILY made a lot of money on this when everyone were short.
BUT what surprised me, AND even the whales, was how fast everything went. And how EASY it was.
I can reveal for you, that what is happening right now at 8,000 USD, going back and forward, stop hunting and killing Shorts and Longs was probably already meant to happen around 6,000 USD, where we also have huge liquidity pools.
The Whales Initial Plan Might Be Ruined - and changed!
And here it is: The whales definitely succeeded in their first Short Squeeze, which I mentioned before. But Im pretty sure they are surprised how fast everything went. And THAT can in fact mean, that their initial plan now has changed. Their initial plan was to convert the Dumb Money to go LONG (Which they also are now) and then pull the sledge hammer and drag us down important support at 6,000 USD. But here is the problem - right now we are still at 8,000ish, and we are no longer in range.
So instead The Whales might have begun an UNSTOPPABLE parabolic Bullrun. Retail investors might come in now, Dumb Money too, and TA will no longer really apply because it all basicially comes down to how GREEDY we are.
What Is Pointing in This Direction:
1. It's pretty clear from the fractals that we have a similar parabolic movement like we had in 2017.
2. Price Volume Trend Convergence supports this.
3. The Bullish Momentum (MACD) clearly shows its getting bigger and bigger.
4. The RSI also supports this idea with a strong move on a potential 3rd Wave, which allow us to make Regular Bearish Divergence on the 5th Wave.
5. Last but not least. The Global Bullish Sentiment we have seen the last couple of days - BTC-Dominance has dropped from 60.1% to 56.6%.
So please keep an eye on the price movement at my Crucial Area, and see how it evolves. Something big and Unstoppable might be under way!!
D4
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