Bitcoin! The bulls have won the battle – but who wins the war!?

Bitcoin / Dollar BITFINEX:BTCUSD


Hey guys!

I’m definitely feeling a bit bullish on bitcoin             today.
Technicals are great, but I feel that too often TA on TradingView neglects the emotion of the market as an indicator.
Lately, we’ve been hearing much about $5k, even from Tone Vays – who I respect.
But, even the best of technical analysts, or the smartest of us, can fall prey to emotion – we’re Human! That’s what makes us great.
Are these bears falling victim to this scenario? Of that, I’m not sure. I do know, that when I got into crypto last november, all I could hear about was $30k Bitcoin             , $50k Bitcoin             , etc!

Is the inverse of that scenario happening now? Well, I think just maybe that COULD be the case. I am not a professional, but that thought has been floating in my head ever since we bounced off 5750.

Here’s my bullish scenario (as a bear) and my trade conditions. Good luck everyone!

By admin