I know this is going to sound crazy but hear me out for a few minutes… I don’t know what type of event will have to develop for this to happen but everything is pointing to this being so. That is, FIDABTC growing by 2,000% or more. Even 3,000% looks likely for this pair in the coming months.
The bottom here was hit 7-May. This is very different to other pairs and that’s ok because this is a BTC trading pair. So it is different, still, the fact that the bottom just happened in the last active session and there is a strong candle followed by an even stronger one with rising volume and the action breaking above two EMAs (8/13) is a very strong combination of bullish reversal signals.
The impossible to miss target sits at 455 sats, or 0.00000455. This would be a nice 405% profits potential from current price.
At this point, there can be some consolidation because this is a strong resistance level matching MA200 and the 0.618 Fib. extension.
But I don’t think the action will end here, no no no, I think there is going to be additional growth so strong. Do you agree?
It is likely not hard but easy because that’s just the way it is.
Cryptocurrency can be bearish for a long while but it can also go crazy once the markets turn green.
It is already green and green confirmed because the only time the BTC trading pairs start to grow with rising volume is when Bitcoin is about to peak. When Bitcoin is about to peak means the bull run phase. Bitcoin has been growing for years, the bottom being hit in November 2022 and new highs being hit All-The Time non-stop since that day.
We have 6 months more to go, more or less, or maybe an entire decade of sustained long-term growth. Bitcoin is going mainstream, we are face to face with the institutional wave.
How the market will react to such a development we do not know, but we know it will be great. It will be the biggest bullish cycle ever for the Cryptocurrency market. If not, we are happy with strong growth and this is already taking place.
It is not just a “bull market,” it is the evolution of finance.
It is the birth of a new world order. It is the biggest upgrade to the financial system since credit cards, digital bank accounts and the internet.
What kind of effect such a revolutionary technology can have in our day to day life?
How many new millionaires were created with the advent of the internet?
How much prosperity will be created with the birth of a new financial system?
There is no limit to how much the world — humanity — can evolve and grow.
We are on an ascending cycle, one that is set to last for 2,000 years or more. It is only starting now. There is so much to look forward to.
We live in an awesome world.
Namaste.
