BITCOIN SAILING IN A SEE OF GAINS

After a month of going down Bitcoin had its third biggest pump in history, last year we saw the infamous 25% pump and now we see a 41% pump

This kind of moves are not predictable at all, if there is anyone on this planet or YouTube saying yes this happen because of this and that they are just lying but being prepare as I have mention many other times is different, I heard Sunny Decree saying Ill play long until it hit and that's being prepare with stop lost and then wait until the long trade plays out that's different but this kind of massive green candles are not predictable at all.

This kind of moves are driven by whales this is not the maket buying back, this is not your neighbors and siblings buying Bitcoin, this is massive amounts of money buying Bitcoin to either pump and dump, or to avoid another cascade reaction and put them under water on a previous Bitcoin investment.

With such low volume we if we go to different charts like the 1 hour chart this is the time for Bitcoin to bounce and go up, Bitcoin cant go under the pink line on this chart if it does will get back into the Bear Flag formation and this pump would be a fake out, probably a huge fake out but that's just a theory.

Right now we are off the charts and this is all speculation again

All indicators are pointing back to the previous Bearish formations and price is dumping bit by bit, as I have mention before Bitcoin needs to hold over $9100.00 so it can go back into an uptrend trajectory and then consolidate over that area but if it doesn't no matter how high a pump goes then the most likely future is going back down to $6k. No I'm not pessimist on price action but I make this articles and videos being realistic and this was not a market reaction this was a group of whales pumping the price, its sad to see people holding bags after such pumps and that's what I'm trying to avoid every time I get into a trade, this time I was not trading because lack of time due to work load but I'm starting to get some free time to make post soon will keep making videos and start trading again, also for me to recover the essence or trail of the market it needs to cool down and start to create real paths and formations so I can setup trades known my entry and exit just at analyzing the chart.

As always I hope this post provides you useful information.

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