This is How I see the CryptoMarket today
Are we attending to the end of the long correction?
I really think so. Seems that sellers are starting to lose power on their trades and the dispersion between "Tops" and "Bottoms" are becoming smaller every time.
In my opinion the following possibility is not far to be accomplished:
A breakage of the upper resistance trend line, starting by mid of April, something like this:
Maybe the uptrend will not be so powerful as I drawn in the sketch...
Maybe we see a longer period of "stabilisation" between $250B and $350B but always with an up trend.
Reminder:
Now is the moment on which we must keep in mind more than ever that ...
"The market is a device for transferring money from the impatient to the patient"
Source
i think we are arriving to that point as well, not sure if it's a nature of a wish or that btc has touched 3 times the same bottom and is not going down anymore. i think that current investors are holders so it can't go lower... but again it's only a feeling, obviously it could go lower.. the following 2 weeks keep the key IMO.
i cant w8 to type "nos forramos" again ;)
Exactly, it is my feeling as well. HODLERS are the only ones remaining so, that’s why I think a longer period of stabilization may appear...will see what is happening in the following weeks.
Nos forramos, no hay duda, be patient 😉
I wish this is coming to an end soon and start growing up!
Great post👏🏼👏🏼
Thanks for this. But how to be sure that there will really be an uptrend? Couldn't both lines not just become parallele and form a classical "slippery slope"? Not that I am impatient, but I have seen/read about so many "obvious" corrections or new bullish movements in the last weeks, only to see further drops.
No one can be sure 100% my friend. This is how I see the market today. I see less powerful trades and so it may indicate a trigger for the buyers again since does not look to go further below.
Maybe the breakage is not so reactive and what we see is a "boring" uptrend as I wrote.
I sure hope that you are right!
And, "Happy Days are Here Again?"
hahhahhha
Wow nice post. Keep em coming. will folloy you for more in the future :)
Thanks