This is a classic example of financial astrology masquerading as technical expertise to sell certainty in a chaotic market. Relying on arbitrary candle counts ignores the macro-economic realities that actually drive Bitcoin's volatility.
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Deep Dive
3-Minute Epic Recap: Bitcoin Bear Flag BREAKING? Here's 2 SECRET clues. 🔒 #shortsAdded:
Bitcoin is attempting to break out of this bear flag, and I'm going to give you two huge secrets to this bear flag.
Here we are, Bitcoin US dollar index, and today we are on the weekly chart. We had our double top, we had bearish divergence, we broke into our first bear flag. When you're in a bear flag, you do not trade inside of the bear flag. You trade on the break and the confirmation of the bear flag. From our top, we crashed from 126 all the way down to 80.
From 80, we rebounded to 97. We had fallen from that 97 to 60, and then we've rebounded into the high 70s and the 80s, and now comments are like, "Hey, we're going to the moon. This time is different." You want to see that.
What we're doing right now is we fell into our second bear flag. Just like before. However, before we didn't break out of that bear flag. Bitcoin is trying to break out of this bear flag. So, what you want to see technical book-wise is [music] a break-through candle this Sunday, then a confirmation candle following Sunday with the full-body as support. If we get that, we've got fireworks on our hands. We're looking at a price range of roughly in the high 60s. That's when we're going to start to move quickly to the downside if we were to get there. Secret number one. Go to 2022. Go to our second bear flag. We rallied in price quite a bit, but we rallied into our resistance zone. Which is where we are at right now. Secret number two. In the last 15 years of bear markets, Bitcoin has never had six green candles in a row. This would quite literally be the first time in Bitcoin's entire history if we were to confirm a green candle on Sunday evening 11:59 p.m. UTC time. By the way, we are getting tons of comments about when bottom and altcoins. Did you know I give my top altcoin picks and my big secret investment both covered in the Bitcoin Bottom Blueprint. Just my big secret investment alone is already worth multiple times the cost of the Bitcoin Bottom Blueprint. But on top of that, you get my top altcoin picks and on top of that, you get one guaranteed buy inside of the golden zone or your money back. Public launch coming soon. Watch your email.
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