Breate, Zoom Out, Realise. BTC refuelling at the space station.
It's important in times like this, when the bears and bulls fight it out for temporary control, to take a step back from it all and analyse where your long term portfolio is going.
What you see here is what's known as the first sell off of a much greater movement with a strong bullish trend line and bullish divergence on a large time frame (by crypto standards). This drop can also be seen showing a Bullish Flag formation. I believe over the next 3/4 years we'll see this become a fractal to BTC's price moves as trust in banks and governments continues to decline and mass education in tech, finances and security all grow.
Long term BTC is still a fantastic investment at this level and if you get a chance to grab it sub $6k then all the more luck.. With shorts at an all time high people have begun to think they have it all figured out but, as we all know, the only thing we actually know about Bitcoin is that it adheres to 4 key points:
What you see here is what's known as the first sell off of a much greater movement with a strong bullish trend line and bullish divergence on a large time frame (by crypto standards). This drop can also be seen showing a Bullish Flag formation. I believe over the next 3/4 years we'll see this become a fractal to BTC's price moves as trust in banks and governments continues to decline and mass education in tech, finances and security all grow.
Long term BTC is still a fantastic investment at this level and if you get a chance to grab it sub $6k then all the more luck.. With shorts at an all time high people have begun to think they have it all figured out but, as we all know, the only thing we actually know about Bitcoin is that it adheres to 4 key points:
- Honey
- Badger
- Don't
- Care
Commento:
Bullish FLag in Orange
