Bitcoin Major Bearish Development (First Time Since Late '23)

18 Jun

Notice how in May Bitcoin closed below the blue EMA line but quickly recovered ... Bitcoin only traded below this level in late 2023 as part of a consolidation phase, not part of a bearish wave.

Now, Bitcoin moving below this moving average with a full red-candle is a major bearish development; it confirms what we have been warning you for from months... It confirms a major crash the likes of which you have never seen before.

Let me remind you something, because if you are reading this you are following me, and if you follow me I appreciate you; I appreciate your support.

It is not the same to say, "Bitcoin will trade below $40,000," as to having the actual experience. When the crash starts to happen, it will feel like the end of the world.

Everything will become negative, it will be amargeddon... Or at least it will feel like this and there will be an impulse to sell because of panic.

It is not the end.

The world is not going to end... Bitcoin is not going to end; in fact, a correction will only make Bitcoin stronger and it will guarantee that we will have massive growth in late 2024 and 2025, so it is better if it happens than if it doesn't.

You see, if there is no correction bad players, weak hands and the rest, won't be removed and this can make the market shake. After the correction is over and done, we will have a stable market, stable players and thus, stable growth.

Stay with me... We are only getting started.

We let prices go down; we cannot avoid it but ... After we go down, we move up stronger, all the way to the top.

This is just a friendly reminder, you know you have my support.

Can I count on yours?
If yes, just boost and comment and follow for more.

Namaste.