One thing occurred lately… It was a breeze… It knocked the door open, and it felt so good… But it surely wasn’t the breeze, it’s within the air, the environment, the aura; it’s a sense!
Good night time, my fellow cryptocurrency dealer, what an exquisite day!
It’s my love, my pleasure, and my pleasure to write down for you now, at all times, yesterday, and perpetually once more. It’s good to be right here on this second, wholesome, respiration, and dwelling with you.
Discover the Fibonacci ranges on the chart. Bitcoin discovered resistance precisely on the 1.236 Fib extension, which corresponds to the final bull market. That is fascinating as a result of it reveals a number of issues.
First, ought to we recap? Lets undergo what simply occurred?
Okay! All resistance has been obliterated. We are actually in bullish territory, firmly within the bullish zone.
We’re on this second, so let’s deal with at present.
Presently, buying and selling quantity is lastly rising, displaying a quantity breakout that’s a number of instances above the weekly common. We’re good on this entrance. With resistance now up to now, we not take into account a possible rejection, however as an alternative deal with the following goal, the following resistance; how far up can it go?
After the $81,500 goal, we’ve $89,444 subsequent. That is adopted by the much-awaited, the much-anticipated $100,000, particularly, 102K. That is the golden ratio and a serious resistance stage — take into account a cease at this level. If Bitcoin goes to take a break at any time whereas rising, this needs to be thought of by all of the bulls concerned.
Now, the primary goal for the present wave is the two.618 extension, which sits at $155,599. On the present charge, this goal could be hit between now and Could 2025.
With a blow-off prime, no double-top, this makes for an attention-grabbing bull market on this cycle, however the outdated map has been damaged, so something goes.
What occurred to Google, Apple, Amazon, Microsoft, and the remainder? Is Bitcoin coming into a section the place it grows long-term? Laborious to say, however it’s simple to say that the present market circumstances level towards most progress, supported by most curiosity and most energy.
So, six months to the following excessive. The correction that follows could be the following bear market, and it might by no means go beneath 64 or 48K, then a brand new wave begins, and we carry on rising. The altcoins are going to increase 100X.
One other state of affairs is a protracted cease after hitting 102K, consolidation above assist resulting in a serious excessive late in 2025…
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