#Bitcoin - whats next ?
The big Sunday report, all you need to know:
🚩 TA/ LCA/ Psychological Analysis: Last week when Bitcoin was between 40-42k I told you that Market changed and I notified you that BTC indeed managed to breakout above MA100, EMA50, and recently MA50 daily. Indeed, those breakouts cant be ignored and I told you that bulls are back, I told you bulls leading the way and only few listened, many kept shorting and saying it will go lower. Indeed they were proven wrong, indeed my target of 44k and the followed target of 48k got hit with absolute perfection once again.
So what is next?
I see a strong bullish continuation, towards the region of 50-52k in the coming days. Its possible to see either some sideway move here and pump afterards, or straight pump in the next few days to the target of 50-52k. Indeed, those who expected lower targets at 38k are now heavily defeated and side lined, looking for a good entry. Will market give them the opportunity to fill their bags below 40k once again? I doubt it, I think we will enter phase three of the bull very soon, which is the promised golden bull that starts after a clear breakout above 48k. Indeed its close and the way till ATH isnt that far.
For those that read the Sunday report from 7th January and placed their longs in the mentioned region are already in big profits since 38.5k long. (https://t.co/eegPIsXv6l)
Market is extreme bullish and people have no idea, as monthly Supertrend turns VERY BULLISH for the first time since mid 2019 which sent Bitcoin from $3000 region towrads $69.000 in mid 2021 the following months. Indeed, the absolute big picture tells us the golden bull starts to wake up, the golden bull is close and the third stage of the bull is very very close after clear 48k breakout. More than $400m worth of #Bitcoin spot ETF were bought two days ago causing the massive pump. Guess how many millions worth of BTC were purchased yesterday and today? GrayScale selling decreases while buyers increase. Every child can tell you what happens when there is high demand but low supply. Indeed, a supply shock happens.
So when will we see this breakout above 48k?
I think Bitcoin will breakout in the coming days or weeks, I dont expect to see some bigger retracements from here/ dumps. I believe it will be up only, combined with sideway movement and strong bullish continuation
In terms of Calendar we have two important days. Tuesday we will see CPI inflation data. While market expects 0.3%, I expect a better result which will cause sell pressure to DXY, and cause buy pressure on stock market and Crypto, I expect to see a volatile Tuesday. On Friday market sees PPI data to be published, I expect less volatility on this day.
Remember I called 60k top in 2021, 18k bottom in 2022, start of bull since then, and till now, Iam nailing move after move sending the ninth Sunday report being right in a row with an accuracy no one else has ever achieved, which made the most famous German - Swiss financial website "https://t.co/tz1UoLz4dZ" speaking about DrProfit, ""DrProfit the trader that was right 9 times in a row". Indeed, they start reading the Sunday report. See who is nailing one week after the other, and I have proof for all of that (https://t.co/ibHhkDxUhx)
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$ORDI is live on https://t.co/pP2O8icilk as of 20 minutes ago and has come out of the gate swinging
let's let @gate_io know that we want $NOOT up next!!
#NOOT#NOOT