OrriginalCrypto on Nostr: Why have I been saying "Be Bullish Cautious" The 1st image is of the Push to the ...
Why have I been saying "Be Bullish Cautious"
The 1st image is of the Push to the March 2021 ATH and PA this time round has repeated this with remarkable accuracy but over a longer time period, as can be seen in the 2nd Image of 2024
This leads me to think there is possibly one more Push before a large Sell off. That 100K target is Calling loud and strong, providing Market remains Bullish
The 3rd Image is the NUPL ( Bet Unrealised Profit Loss) and to keep it simple, Just look where the Real ATH's are in the past ( vertical lines ). Every one is in the channel we just entered. We can stay here for Weeks
So, if we follow the idea % Rise and Drop of PA and we look at the NUPL, we need to be Cautious that PA could be near an ATH that may turn over anytime
Longer Term, I see another push higher after this point but this may not be till Spring or later next year.
The Bull Run is not over this December but maybe not till December 2025
The 1st image is of the Push to the March 2021 ATH and PA this time round has repeated this with remarkable accuracy but over a longer time period, as can be seen in the 2nd Image of 2024
This leads me to think there is possibly one more Push before a large Sell off. That 100K target is Calling loud and strong, providing Market remains Bullish
The 3rd Image is the NUPL ( Bet Unrealised Profit Loss) and to keep it simple, Just look where the Real ATH's are in the past ( vertical lines ). Every one is in the channel we just entered. We can stay here for Weeks
So, if we follow the idea % Rise and Drop of PA and we look at the NUPL, we need to be Cautious that PA could be near an ATH that may turn over anytime
Longer Term, I see another push higher after this point but this may not be till Spring or later next year.
The Bull Run is not over this December but maybe not till December 2025