🅱️ Bitcoin $35K? Not So Fast | Altcoins, Important (MUST READ!)
Back in mid-June I mentioned that Bitcoin was going to hit $35,000 in August, not July. At the moment it wasn't clear why but that is the conclusion that I reached based on the many varied tools used to make these predictions.
Now, it is 100% clear.
Something change.
Bitcoin being "contained"
It is 100% obvious now why Bitcoin won't be hitting $35,000, $38,000 and beyond this same month, now.
If Bitcoin starts going up strong right away it would crash the Altcoins and it is the time for the Altcoins to shine.
Bitcoin is being contained, sideways/range trading and in this scenario the Altcoins can grow.
When Bitcoin took off late last month it was easy to see it growing to 35K within days but this is not the case and notice while Bitcoin continues sideways the Altcoins continue to hit new highs, look at Compound today.
This is the best possible scenario, period, and exactly what we wanted to see, the "everything grows phase".
It is now here... The Altcoins will grow and then the power will switch to Bitcoin so it can hit its new high, finally, next month and then back to the Altcoins for additional growth.
This doesn't need to be exactly next month, just saying that you should prepare for Bitcoin sideways as the Altcoins grow.
Here is the relevant trade idea from June 16, 2023
🅱️ Bitcoin 1,2,3,4 Steps Pattern ($35,000 August 2023)
Share your thoughts and questions in the comments section... Be open, share, say whatever you wish, think or want to say... It is ok, good or bad, all is welcome.
Your support is truly appreciated.
Namaste.
Now, it is 100% clear.
Something change.
Bitcoin being "contained"
It is 100% obvious now why Bitcoin won't be hitting $35,000, $38,000 and beyond this same month, now.
If Bitcoin starts going up strong right away it would crash the Altcoins and it is the time for the Altcoins to shine.
Bitcoin is being contained, sideways/range trading and in this scenario the Altcoins can grow.
When Bitcoin took off late last month it was easy to see it growing to 35K within days but this is not the case and notice while Bitcoin continues sideways the Altcoins continue to hit new highs, look at Compound today.
This is the best possible scenario, period, and exactly what we wanted to see, the "everything grows phase".
It is now here... The Altcoins will grow and then the power will switch to Bitcoin so it can hit its new high, finally, next month and then back to the Altcoins for additional growth.
This doesn't need to be exactly next month, just saying that you should prepare for Bitcoin sideways as the Altcoins grow.
Here is the relevant trade idea from June 16, 2023
🅱️ Bitcoin 1,2,3,4 Steps Pattern ($35,000 August 2023)
Share your thoughts and questions in the comments section... Be open, share, say whatever you wish, think or want to say... It is ok, good or bad, all is welcome.
Your support is truly appreciated.
Namaste.
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🔝 Cryptocurrency Technical Analysis
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lamatrades.com (Since 2017)
🏆 Results: t.me/alansantana1111/5935
🥇XRP +1950 🥇ADA +2216% 🥇AVA +536% 🥇AAVE +417%
t.me/alansantanatrades/971
🔝 Cryptocurrency Technical Analysis
followalan.com
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