Bitcoin finished main distribution phase, and now, we gonna see UDAT or LPSY and then deadly 3k or 9k?
TARGET 60k for LPSY FINAL 83k for UDAT.
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IMO, more and more certain what's going on... a big exit of big players from the entire market. SPX is creating double TOP and we are watching -
Anyway, "100" years of bullcycle ends.
WAR III or Machines, or togerher? I don't know. But "20" years correction is coming.
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bears psychology?
- euphoria was evident on social networks - complacency was evident for bear traders. They said, "we need a little bit lower for next bull run". - axiety - these bears "fu**ing fake pump for ETF!" - denial -"48k is target for B wave!". We saw sell the news in retail media. Everybody opened short position!
now: Panic phase is coming for these shorters. And longers openes massive longs. Bears capitulation will looks like "I (bear) was wrong, we are in massive bullrun already!"
And then it will be quick, total liquidation these dump longs.
I am in nature bear. If I am in short position, I would be totally scaried on 60k-83k. But I am not.
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Bears are panicing :)
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So we achieved first TP: TARGET 60k for LPSY ✅
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UTAD in progress.
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UTAD 80k-ish is still possible :)
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Doesn't monthly chart look bullish?
How did you feel when we were at 20k to 16k thousand in 2022? Bearish right.
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