BTc prediction! Bollinger band strategy on weekly time frames.
Hello Traders,
Lately I am getting sick of people expecting Btc to hit 20-24k. This could happen but why everybody thinking this way as of late? Some saying high interest rates , some saying luna collapse, some saying stock markets are failing, some saying war, some saying covid . All that negativity forcing people to sell their positions at a loss or major loss at this point. I have been in the similar situation over and over and I can easy recognize the patterns. Right before the BTc mega bull run started around 5k to $3.5 people were discussing the similar issues . This is that, that is this :) Non-sense. At that time many traders wanted to buy sub 1000.So as soon as they sell their positions , they helped spreading the fud so they could try to buy cheaper. Did it happen? Absolutely not. All this people waiting to buy under 1k, they end up buying 20k+ ranges. Market makers are billionaires , They do not care any of that non sense. They can wait so they can grab your last hopes.
For technical info,
We have broken the lower limit of Bollinger bands on the weekly frame and briefly touched ema200. This happened 4 times and price broke out violently right after. If you get ride of the noise around you and focus on the chart, it will tell you everything.
***************I am going to post a my previous prediction before the massive rally so you decide yourself!************** I was the only one posted this idea at that time. All the other posts were pointing towards 1k prediction!
<<<<=========>>>>>MAKE SURE TO READ MY PREVIOUS PERDICTION SO YOU WONT GET ROBBED AGAIN!<<<<===============>>>>
Lately I am getting sick of people expecting Btc to hit 20-24k. This could happen but why everybody thinking this way as of late? Some saying high interest rates , some saying luna collapse, some saying stock markets are failing, some saying war, some saying covid . All that negativity forcing people to sell their positions at a loss or major loss at this point. I have been in the similar situation over and over and I can easy recognize the patterns. Right before the BTc mega bull run started around 5k to $3.5 people were discussing the similar issues . This is that, that is this :) Non-sense. At that time many traders wanted to buy sub 1000.So as soon as they sell their positions , they helped spreading the fud so they could try to buy cheaper. Did it happen? Absolutely not. All this people waiting to buy under 1k, they end up buying 20k+ ranges. Market makers are billionaires , They do not care any of that non sense. They can wait so they can grab your last hopes.
For technical info,
We have broken the lower limit of Bollinger bands on the weekly frame and briefly touched ema200. This happened 4 times and price broke out violently right after. If you get ride of the noise around you and focus on the chart, it will tell you everything.
***************I am going to post a my previous prediction before the massive rally so you decide yourself!************** I was the only one posted this idea at that time. All the other posts were pointing towards 1k prediction!
<<<<=========>>>>>MAKE SURE TO READ MY PREVIOUS PERDICTION SO YOU WONT GET ROBBED AGAIN!<<<<===============>>>>
Uwaga
Important update!One thing I forget to mention. Previous top's of BTC, we only had one single huge peak and followed by bear market 70-80% loss. Now we have not one but 2 peaks and second peak is higher than the first one. So all this people saying BTC is in bear market, they don't really know what they are saying. Alt coins went through real harsh bear market since but BTC only flat corrected. Btc will start to climb soon enough and alt coins will be back to business and nobody will remember past few months. Happily ever after.
Uwaga
Just a day later we are breaking out with a strong volume! This is clearly not a drill as we speak. a Typical rise when many traders turn bearish. Even when we hit 50k again, preconditioned people will still tell you this market is bearish. So funny how this market works.Uwaga
Btc playing dirty tricks on people over and over. But here we are again! Roller coaster shake out fest! Nothing new! Btc will be hot next couple weeks :)
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