Bitcoin Update | 4H Timeframe iH&S vs The Altcoins (Big & Small)

29 lis 2022

The third drop has been formed as per the bottom pattern we described in yesterday's trade idea...

Bitcoin moving back above EMA10/EMA21 is a bullish development but we still see weakness as we have no volume and it gets confusing each day that passes and prices remain within the same range and it doesn't grow.

That's how it is...
Bitcoin is big.

The smaller altcoins need to move ahead, go ahead and that is what they are doing.

As the Altcoins wake up, the market starts to become alive and people come back home.

Excitement starts to biuld and new money flows in.
Bitcoin's consolidation phase continue, with small and big price swings.

After a minor bullish wave across the entire Altcoins market completes its phase, the Altcoins will stop and start their normal correction/retrace.

When this happens, that's the time when Bitcoin will move ahead.

Remember the people that where hyping up "The Merge"?
They didn't tell you it was a hard-fork, a split, exactly the contrary of a merge.

Remember this people because if they fooled you once, they will fool you again.

Always stay away from the hype.
Make sure to take your time before you start to trade.

I studied for more than 5 years and then went back to the books because in the end, this is a long-term game.

It doesn't matter if you lost in the bear market.
Just by looking at the Total Market Cap., you will realize that for everybody it is the same.

The time is now to be in the present, where you can prepare for the future and use this bears market experience to make better decisions on the bullish wave.

That's up for now.
I am feeling this love for you... I cannot explain.

Maybe sharing my experience will help getting it through.
And you know we are here with you long-term.

Be wise.
Breath deeply.
Learn to meditate.

Trading is psychology.
It has to do with your mentality, with your bring up...
Learn to control your emotions, this will lead you to success.

Thanks for reading.

Namaste.