This is a critical post!
I believe I have identified something extremely important to notice.
look closely and observe
what do you see?
there's two things i noticed
let's go back in time three weeks ago
what did the chart look like
it looked exactly like this
that's where i shorted - just when it was supposed to crash
the pattern there ALSO WAS FUCKING IDENTICAL AT THAT TIME (that was the reasoning like it is now!)
i'm talking about the red region and where the blue arrows are pointing
THE FACT YOU THINK IT'S IDENTICAL NOW TO 48K TELLS ME EVERYTHING
in others words bullish
also
now notice the sma's 21 and 55 exactly how the price behaves around them
look at the 48k false breakout
what is the difference in how price respects those sma's vs now
it's these two things together which tell me btc is about to moon
at 48k once price broke the 21 and fell (because it was a false breakout north)
where does it go
to the 55
but what happens
slices through like butter and is backtested and confirmed resistance then meltdown
this sma is real
but now look at current epoch
do you see what i mean here
the price RESPECTS THE 55 SMA AS FUCKING SUPPORT IT DOESN'T FALL THROUGH IT NOT EVEN CLOSE
IT DOESN'T FALL THROUGH IT LIKE BEFORE AT 48K
MEANWHILE THIS WHOLE PATTERN LOOKS "IDENTICAL" TO 48K
JUST LIKE THE PREVIOUS PATTERN UP TO 3 WEEKS AGO LOOKED IDENTICAL TO THE 30K PATTERN
DO YOU SEE THE POINT
and now btc has launched off that 55 sma back over the 21sma
which at 48k was only a dream once it broke down under the 55 sma
the glaring message is extreme bullishness
but if you ask me why fundamentally given the world affairs i have no idea why
i was so stupid to be so fucking hellbent on shorting this market
however in hindsight everything is obvious
i have cracked the davinci code
this is why i'm addicted to charts
fractal geometry is divine
i am 99% sure btc is going to 28k
