🚀 BITCOIN — THE BIG MOVE MAY BE JUST BEGINNING
I remain bullish on Bitcoin and believe We could see a major year-end rally toward new all-time highs.
🎯 My personal target: 197'000 US-Dollar+
Here is why I am bullish:
📈 1. THE BEARISH TRENDLINE HAS BEEN BROKEN
On the weekly chart, Bitcoin has broken through the major descending bearish trendline from the ~125'000 US-Dollar area.
The bearish structure has been invalidated.
📈 2. THE BULLISH GREEN TRENDLINE IS STILL INTACT
The long-term ascending green trendline remains intact despite the recent correction.
The bears tested this structure.
They failed to break it.
That is important.
As Jesse Livermore's philosophy reminds Us:
“The trend is your friend.”
🔥 3. MOMENTUM HAS RESET
RSI moved toward oversold territory and has recovered toward 50.
Stoch RSI also turned upward from deeply depressed levels.
To Me, this creates an interesting setup for another potential expansion in momentum.
📊 4. ~60'000 US-DOLLAR SUPPORT HELD
Bitcoin tested the ~60'000 US-Dollar area.
Buyers stepped in.
The #bullish structure survived.
📊 5. CRYPTO SHOWS INDEPENDENT STRENGTH
Over the same observed period:
🟢 Total Crypto Market Cap: +291 billion US-Dollar / ~+13%
🔴 S&P 500: -1.4 trillion US-Dollar / ~-1.83%
Crypto and equities can clearly diverge.
This is an important reminder that #Bitcoin does not necessarily need the S&P 500 to rally in order to generate its own momentum.
🚀 6. PRICE DISCOVERY COULD CHANGE EVERYTHING
If $BTC decisively breaks into new all-time highs, historical resistance above becomes much thinner.
That is where momentum can accelerate:
Breakout → Momentum → Capital → Expansion
And that is why I am watching:
🎯 197'000 US-Dollar+
I want to identify the trend, wait for confirmation, and then have the patience to sit with the trend while the market proves Me right.
“It was never my thinking that made the big money for me. It always was my sitting.”
“The Market Is Always Right.”
#Long #Bull #Pump $ETH ,$WLFI 📈🚀🌕
I remain bullish on Bitcoin and believe We could see a major year-end rally toward new all-time highs.
🎯 My personal target: 197'000 US-Dollar+
Here is why I am bullish:
📈 1. THE BEARISH TRENDLINE HAS BEEN BROKEN
On the weekly chart, Bitcoin has broken through the major descending bearish trendline from the ~125'000 US-Dollar area.
The bearish structure has been invalidated.
📈 2. THE BULLISH GREEN TRENDLINE IS STILL INTACT
The long-term ascending green trendline remains intact despite the recent correction.
The bears tested this structure.
They failed to break it.
That is important.
As Jesse Livermore's philosophy reminds Us:
“The trend is your friend.”
🔥 3. MOMENTUM HAS RESET
RSI moved toward oversold territory and has recovered toward 50.
Stoch RSI also turned upward from deeply depressed levels.
To Me, this creates an interesting setup for another potential expansion in momentum.
📊 4. ~60'000 US-DOLLAR SUPPORT HELD
Bitcoin tested the ~60'000 US-Dollar area.
Buyers stepped in.
The #bullish structure survived.
📊 5. CRYPTO SHOWS INDEPENDENT STRENGTH
Over the same observed period:
🟢 Total Crypto Market Cap: +291 billion US-Dollar / ~+13%
🔴 S&P 500: -1.4 trillion US-Dollar / ~-1.83%
Crypto and equities can clearly diverge.
This is an important reminder that #Bitcoin does not necessarily need the S&P 500 to rally in order to generate its own momentum.
🚀 6. PRICE DISCOVERY COULD CHANGE EVERYTHING
If $BTC decisively breaks into new all-time highs, historical resistance above becomes much thinner.
That is where momentum can accelerate:
Breakout → Momentum → Capital → Expansion
And that is why I am watching:
🎯 197'000 US-Dollar+
I want to identify the trend, wait for confirmation, and then have the patience to sit with the trend while the market proves Me right.
“It was never my thinking that made the big money for me. It always was my sitting.”
“The Market Is Always Right.”
#Long #Bull #Pump $ETH ,$WLFI 📈🚀🌕
