I'm sitting here with my GMO Starbucks "Cold Brew" Coffee and been staring at the Bitcoin Charts for hours! 🤦 😅
We are currently at a boiling point for Bitcoin and that "Massive" breakout most traders are looking for is about to come. 🤯
It's a 50/50 shot if we go up or down from here. 📈 📉
With Bitcoin decreasing volume and in consolidation mode for months... we may see one of the biggest moves of the year. 📅
Either way it goes, it's going to be a big win for traders. If it goes down, you can buy Bitcoin much cheaper or even get more gainzzz shorting the move, or vise versa.
When can we see a this "huge" breakout?
It can happen anytime from now going into the end of the month but I expect it to happen next week.
It seems to me that the majority of the traders are predicting Bitcoin to go up by looking at the long and short position ratio.
You can check out the ratio here.
Most of the time, the masses are wrong but you just never know with Bitcoin.
Like I stated many times before, if we can get Bitcoin from $4000-$9000... it's a great time to stack. It may be the last time you will ever be able to buy Bitcoin cheaply.
All I know is that in a few years from now... I will be looking back on these posts I did about Bitcoin and say to the masses, "I told ya so". 😅
....or I'll become a complete idiot when Bitcoin goes to 0 (highly unlikely) and be the "fool" of the decade. LOL
Get ready guys, this breakout is going to shock a lot of people!
Keep On STACKIN! 😎
~ Charles Fuchs
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