Long

🅱️ Choo! Choo! 🚂 All Aboard, The Train Is Leaving!

Updated

My apologies for the train analogy to all of my Bitcoin bulls, I almost forget that we are now up to rocket-ships and we are traveling to Pluto rather than the Moon!

So get on on board because Bitcoin is about to take off!

Notice the 6-March weekly session on the following BTCUSD chart.
Notice the long lower wick. Bitcoin went below $20,000 for a short-term and then no more.
Fast forward to the current weekly session, 5-June. Bitcoin moved down but didn’t manage to pierce below 25k. The most relevant signal is the fact that the correction+consolidation phase has been going for more than two months now and yet, strength!

I see Bitcoin going higher... What do you see?

Namaste.

Note

Negative news are affecting the market.

These new lawsuits and attacks on the Cryptocurrency industry is affecting Bitcoin and the market sentiment, people are scared. But do not worry, this is all happening because the traditional financial market is about to crash and the powers that be want to stop any flight of capital from the conventional markets to crypto... A hard task.

While yes, the market is being hammered, this is just an evolution phase, this is how it looks when we grow.

Bad, dishonest, tricky and cheating players will leave the market for sure as it is even harder for them, those that remain will have to straighten their act, become more organized, more resilient... This is good, just one more of countless tests.

Luckily nobody is attacking Bitcoin directly anymore, but it hurts nonetheless yet, this is the calm before the storm.

After everything settles, we will have years of growth.

Plan long-term. (lower your risk)
Bitcoin is here to stay.

Namaste.

AlanSantana

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