Bitcoin, BTC, You're not Bullish enough... $400k, $600k, $1.5m
Can you feel that? the weight has been lifted...
With Trump winning the election expect BTC to rally. Hard. Garry Gensler? Day 1, gone. Elizabeth warren, powerless. Larry Fink - the CEO of the worlds largest asset manager is calling BTC a "flight to safety", saying "it's bigger than any government" & "its digital gold"...
The stars have aligned, we're all set for cryptos version of the .com rally...
Key Points
The Trade?
Do everything you can to acquire as much spot Bitcoin as you can while we remain in this re-accumulation range, then diamond hand it as long as you can bare. A trade with big flashing neon signs like this doesn't come up every day.
Depending on your time horizon & personal objectives taking money off the table at key targets would be wise while leaving enough in for over performance.
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
With Trump winning the election expect BTC to rally. Hard. Garry Gensler? Day 1, gone. Elizabeth warren, powerless. Larry Fink - the CEO of the worlds largest asset manager is calling BTC a "flight to safety", saying "it's bigger than any government" & "its digital gold"...
The stars have aligned, we're all set for cryptos version of the .com rally...
Key Points
- Trump won the election - extremely bullish for bitcoin
- Trump has said the US Gov will not sell the BTC &
- This will form the foundation of a BTC Strategic Reserve
- Day 1 he will fire Gary Gensler
- He wants to make America the global leader of crypto
- Larry Fink - "flight to safety", "it's bigger than any government", "its digital gold"
- 2011 - 2015 Pitchfork still framing Bitcoins price almost 10 years later
- 1.618 pitchfork marked the 2017 top
- First Algo target from 2015 - 2021 & second Algo target from 2011 - 2013 at $55,000 & $62,000 marked the 2021 double top
- 1.236 pitchfork boundary marked the first top in 2021
- & the 1.0 pitchfork boundary marked the secondary high in 2021
- First Algo target from 2020 - 2021 at about $126,000
- Second Algo target from 2020 - 2021 at about $372,000
- Second Algo target from 2015 - 2017 at about 395,000
- 1.382 Pitchfork boundary in confluence with algo targets for a November top
- 1st target for the 3rd wave comes in at $563,000
- 1:1 range expansion from 2011 - 2013 at $608,000
- 2.0 pitchfork boundary in confluence with algo target in September
- 2nd target for the 3rd wave at $1,500,000 by June 2026
The Trade?
Do everything you can to acquire as much spot Bitcoin as you can while we remain in this re-accumulation range, then diamond hand it as long as you can bare. A trade with big flashing neon signs like this doesn't come up every day.
Depending on your time horizon & personal objectives taking money off the table at key targets would be wise while leaving enough in for over performance.
- Remember to self custody, "not your keys not your crypto".
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
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