🅱️ Bitcoin Short-Term (EMA50 Conquered) Bull-Market Confirmed!

Bitcoin is set to close above EMA300 ($27,000) on the 4H timeframe, this level is equivalent to EMA50 on the daily and a big milestone for the bulls.

Looking back to 29-August, EMA300 matching MA200 is the level that stopped Bitcoin's growth on its track, it produced a strong rejection.

Now, after an entire week of sustained growth Bitcoin is trading above both levels, MA200 and EMA300; a major bullish development.

✔️ Slow and steady growth is a major signal of bullish strength, what we are seeing is the preparatory stage for a major bullish wave.

Bitcoin is looking really strong and the Altcoins market is set to follow, all/everything growing at once.

✔️ This is the initial/first wave of the bull-market we will experience in 2024... It will be the strongest bullish action we've seen since 2021.

➖ It will be epic.
➖ It will be great.
➖ It will be profitable.
➖ First we g down, then we go up.

The market moves in cycles and the bearish phase is over and done.

You can start getting used to seeing Bitcoin going up.

Namaste.

Bình luận:

Did you see the Loom Network bullish breakout today?
It break to the upside after 2 months of consolidation, with short-term higher lows... This happens together with a longer trend of more than a year long higher low... Is this bear market type of action?

Years of higher lows and growing?
Here is the chart:

The USDT pairing, LOOMUSDT, is the same.
Years of higher lows just to break bullish:

A bearish wave, bear market, bearish cycle, etc., is defined by lower lows, lower, lower and lower, period.

We are seeing some positive developments around the Altcoins and Bitcoin as well.

Bitcoin has been growing nicely since November 2022, when it hit bottom... The Altcoins are mixed because we have tens of thousands of these but overall things are picking up speed as they recover, grow and move ahead.

I am sharing this little update as confirmation that what is happening now and what is coming in the near future is positive.

We will not have a "second bull-market" as many people claim.
There won't be a move to $10,000 nor $5,000 nor any such thing, that's ridiculous, Bitcoin is set to grow strong in 2024 and hit a new All-Time High in 2025... Mark my words.

Thank you for reading.
I am sending you good vibes.
Wishing for you the best.

Namaste.