Capitulation To Happen Now? Comments... $50K, $20K, $15K ???

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We have 6 weeks closing bearish for BTCUSD, the worst ever...

Do you think that capitulation will take place now?

A huge fast 30-50% drop to set the bottom before a change of trend take place?
(Something like this...)
Tell us in the comments...

Thanks for reading.

Namaste.

٩ مايو ٢٠٢٢

ملاحظة

Bitcoin has never printed 6 red weekly candles before, ever.

Just once Bitcoin printed 5 red weekly candles and it happened just before CAPITULATION.

I am not saying this time will be the same but this is a signal, watchout. :)

We had 5 red candles back in late 2018 and ended up in a 50% drop and new low set, the market grew afterward.

Right now we have 6 red candles, first time ever, after 1 year of an orthodox top (April 2021 peak), this is the same scenario we have today.

We've been warning since January...
The bear run will soon come to its end.

After the bottom is in, we will have long-term growth...
There is room for some variation though but still, patience is needed before this phase is done for.

٩ مايو ٢٠٢٢

ملاحظة

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$1,000,000,000 USDT (1 Billion) printed at Tether Treasury...

Preparing to buy after the bear run?
Or going to jump in and start buying now?

Share with us in the comments section below.

Remember to always check the 'RELATED IDEAS' in my posts.

You can see how we've been closely following the market, we know how to adapt, we know when to be bearish and when to be bullish...

We went bearish late last year (perfect timing), we will go bullish as soon as the bottom is in for the long-run.

I hope you enjoy your week.

And Thank you for the continued support.

Namaste.