🅱️ Bitcoin Weekly, Losing Hope...

31 thg 8, 2023

It is bad... No, it is terrible, Bitcoin continues crashing and the world is coming to an end?

The bears are losing hope!

The truth is that so far, nothing changed.

Bitcoin is looking crappy right now on the weekly timeframe but the week has yet to end.

We still have more than three days before the week closes and so far we have a green session with a recent bullish breakout taking place.

The breakout is followed by a retrace, yes, but the bullish picture stays the same and strong.

✔️ This week Bitcoin continues trading above its 17-August low (short-term bullish potential intact).

✔️ Medium-term, Bitcoin continues trading above its mid-June low (medium-term bullish potential intact).

✔️ Long-term it is the same, Bitcoin continues strong.

I know the bears are desperate and losing hope but we continue 100% bullish and so does Bitcoin, gearing up for additional growth.

Namaste.