Well, we are not all financially involved… If we are not, we hope to be one day.
Bitcoin is the best invention, the greatest innovation, since the Internet, hot water and baked bread; that’s how great this technology really is.
It might sound like joke, funny, but it is the truth. What can be more important than money to a civilization like ours? That needs it everyday in order to exchange, to communicate. What can be more important than virtual money, digital cash, in the age of the Internet?
Everything we do, think, feel or experience now happens through our phones. The way I am communicating with you right now is through technology and a technology that is expanding but was limited, because the money it used was pretty old.
Bitcoin is Internet money.
Bitcoin already changed the world.
This is only the beginning…
Let’s read the chart!
The bullish impulse in late 2023 is characterized by green candles only and straight up. There is only one candle that is red. Volume is green as well. This is the 2 weeks timeframe by the way.
Mid-March produces a “doubt” candle. A Doji. Doubt after a major bullish wave.
What is being doubted?
The Japanese who invented this thing call it “uncertainty.”
After such strong growth a candle that translates as uncertainty shows up; what is uncertain?
The continuation of the uptrend is what is now longer certain… Sure enough.
After this session, no more growth.
This is beyond TA. No more growth reveals what is happening; no longer growing.
Ok. Volume is rising but the sessions are closing red.
Prices are going down… What should we expect?
I’ll tell you what; normally when you are reading these charts you get mixed signals, it becomes hard and confusing. Three signals are pointing up, two signals are pointing down… One indicator is green another is red… I am looking at this chart and wondering; what happened to the bullish signals?
Anyway, the good news is that the crash will happen this same month and in November…
Well, time will tell, but it is getting closer by the day.
Share your opinion in the comments section below.
You’ve been here for years and years and years, tell what do you see on this chart!
Namaste.
