🅱️ Bitcoin 40K, Medium Sized Marketwide Bull-Run +Change Vision

2023년 4월 2일

I will go straight to the point.

We will experience a bull-run of medium size.

The entire Cryptocurrency market will be affected.

All areas, all crevices, all corners, all coins.
The unaffected ones can be considered either bad or dead.

It will go for longer than expected.

Even though this has been in the making for a long while...
Even though it has been building up now for long...

It will be completely unexpected.

For us it is a bit different because we are on the inside.

We eat Cryptocurrency, sleep Cryptocurrency, discuss Cryptocurrency and breathe Cryptocurrency and so it is less surprising because everyday we are more than 100% involved, but imagine someone looking from the outside, imagine someone that has a diet based on Television, a common job, YouTube, TikTok or whatever people use these days... Oh yes, the narrative, the news...

For them, it will be completely unexpected because the only thing real right now is the ongoing end of the world.

Ok back to the point... I was getting off track there pretty quickly.


What happened to Bitcoin 40K?

Great question, that's the same question that I was asking myself recently as I sat meditating.

Nothing happened to Bitcoin 40K, it is simply in the process of getting there and everything is going just fine.

Now, we are not going to update this target, we will keep 42K as the peak while aiming for 40K but, a very important and strong BUT, the potential is higher, much higher... So we err favoring the bullish side.

We have to be real and the reality is that the stage is being set all across for Bitcoin to go higher than anything we calculated months ago.

Closing the banks is bullish for Bitcoin.
Any and all types of attacks on the market is bullish for Bitcoin.

Anything that happens anywhere at anytime in anyway is bullish for Bitcoin but why?

Because Bitcoin is the rising star.

Bitcoin is the Internet when it was young.

It doesn't matter what I say, it doesn't matter what anybody says... Can you really stop the Internet just by being against it or negative about it?

Reality, nature... It never stops.

It is like an extremely large random number that is being stimulated and always continues to change.

That's hard to visualize let's go deeper...

Imagine a puzzle with 10 trillion pieces and each piece is just a tiny dot, a point and you can fit these pieces in any way you want or can.

The funny part is that it isn't you that is building the puzzle, the puzzle is being stimulated by something that nobody can even grasp, nobody can understand, nobody can even think of because it is beyond the mind and if by any chance at any point in time the random self-evolving puzzle is completed it automatically gets shuffled and the process starts all over again.

That's the nature of nature, that's change.

Bitcoin is the next set of dots that are set to make a drawing in this puzzle.

Bitcoin is change.

Anything other than Bitcoin is the same and nature never stays the same... Adapt and you are already winning in this game.

It might sound like nonsense to you as you would need to "see" the vision in order to understand, it is hard to explain because what you get is kind of like a feeling, a knowing...

It is hard to put in words but I tried...

Eu te amo.

Namaste.

2023년 4월 9일

노트

🅱️ Is It 30K, 40K, 50K or 60K? | Bitcoin (BTCUSD)

Market conditions are always changing… The world is in a constant state of change.

The banking crisis turned out to be bullish for Bitcoin-Cryptocurrency, of course, it is the only option available if your money you want to save.

The banking crisis is just getting started.

The attempts at market manipulation, bail outs and money printing will only get worse.

Our initial target for this Bitcoin bullish wave was 40K, should we revise this number based on what we now know?

As more money is created, monetary expansion, inflation rises.

Everything we buy and consume is priced mainly in USD (United States Dollars), with trillions and trillions of new units being created of this currency by decreed now and into the future, prices are bound to increase.

Because so much more of this money becomes available it losses its value, there is just too many new units, it cannot be worth the same as before.

We measure Bitcoins value in USD, BTC/USD.

Just by the trillions of new units of dollars being created, the price of Bitcoin is pressured to increase.

While the supply of Bitcoin stays relatively the same, Bitcoin is scarce, hard, it cannot be created out of thin air… Trillions of dollars are being created through credit and other methods every day.

Bitcoin technical analysis

The Renko system system reveals the trend and says up, here is the chart:


When looking at the weekly timeframe and considering the Elliot Wave theory, the result of up is the same:

(1)

(2)

Bitcoin moved above EMA50 and EMA100 weekly and has been sideways since, this is the fourth week above these levels.



Bitcoin has never before broken above resistance consolidating bullish for 3 weeks just to drop.

When Bitcoin peaks the drop comes right away, seeing this behaviour of 3 weeks sideways after breaking above resistance, the banking crisis, the war and the printing Fed, this can lead to a new high in the weeks ahead.

The smaller Altcoins are now strongly bullish and moving up, specially the Altcoins vs Bitcoin pairs (ALTSBTC), I’ve mentioned this many times before, this is bullish for Bitcoin because when thousands of Altcoins stop growing and go into correction mode, the money flows back to Bitcoin pushing prices up.

When Bitcoin peaks everything crashes fast and when we are in a bear market it is weekly and monthly that we see lower lows.

Lower lows all across.

Right now we have only a small percentage of the ALTSBTC hitting new lows not because the market is weak but because Bitcoin is too strong, it sucks all the energy out of the ALTSBTC to fuel its growth.

This is confirmed by the fact that on the Tether side (ALTSUSDT) we have 100% higher highs and higher lows.

Bitcoin will continue growing.

Let’s keep the same targets but knowing that it will go higher.

Thank you for reading and thank you for your continued support.

Namaste.