VAGABIT
VAGABIT 2 minutes reading from Bitcoin

Below $BTC: The CBOE on the Rise

Lets breakdown BTC and show you why all these perma bears are out of their minds.

Thread:

BTC has experienced ATH volume consolidation at pre bear market demand zone.

Dropping a mere 25% due to FTX scandal.

Lack of movement and high volume is literally capitulation. with FTX being the black swan.

Remember, the large the market grows, the less it can be manipulated as there are more players with less market share.

This is why we don't see liquidity sweeps on a scale as seen in previous cycles.

We've now pushed into liquidity without retracing back below indicating bullish momentum. You can also clearly see how explosive this movement is compared to previous corrective growth.

''BUT HE SAID THIS IS A BULLISH PATTERNšŸ˜­''

Zoom out. these CT influencers are like flies to a lightbulb. They will change their bias continuously and show you low timeframe data that will influence you into making stupid decisions.

These influencers will tell you to buy well after the bull market has began.

This post is based on this twitter thread.

Comments

Please login to comment.