Neutral Day, Volume Signal & Higher High GUARANTEED!: Bitcoin
2025-01-12
Category: None

11-Jan. closed as a neutral day, no up nor down but there is a very interesting signal coming from this chart.

Yesterday's volume was the highest since early November on a daily basis. Similar volume in early November led to an advance from $67,000 toward $108,000.

This volume can be read as all sellers being consumed. Say there was much selling but all this selling was bought. Rather than buyers showing up to remove resistance by injecting money into the market, buyers showed up with a support-wall. That is, setting a buy-order at a certain price in order to get the best possible entry. This is huge.

This means that somebody, some whales are loading. If whales are loading... We already know what comes next. This signal works as confirmation.

With that said, there can still be swings and even lower but the bigger picture is up. Since prices have not been pushed higher, these buyers would welcome lower prices as they are thinking of long-term growth.

➖ ADAUSDT has three days green.
➖ XRPUSDT produced a bullish breakout after a higher low.

These are two of the main pairs we are tracking and these moved first on the last bu-wave. The fact that these are bullish now, reveals the rest of the market will do the same.

It is all good, even taking short-term swings into account, we are going up next.

Notice, the market continues to be sideways and this was predicted many months ago... This pattern is likely to continue for at least another month. It is normal, after a strong advance, consolidation is needed before a new one.

As Bitcoin and the bigger projects recharge for the biggest bullish cycle in the history of Crypto, many of the smaller projects will move ahead. These smaller projects will start to grow strong in a matter of days. After this initial breakout, the action will start to switch from one group to the next, just like November 2024.

Right now we are in a position similar to September and October 2024, before a massive bullish run.

Patience is all that it is required for winning trades and long-term success.

Buy and hold; take it easy... Let the market take care of the rest.

I will be here signaling the top just as I signaled the bottom.

Thanks a lot for your support.
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Namaste.