â 1) When volume is really low. â 2) When the indicators remain strong. â 3) When Bitcoin is bearish but no new lows. â 4) When the Altcoins market continues to grow. â 5) When sideways for long. â 6) When support holds. â 7) When negative news hit the market; hacks, lawsuits, FUD, etc. yet the price remains strong. â 8) When people doubt that Bitcoin can grow. â 9) When the summer is on.
Bearish action can be considered bullish when regardless of what happens, Bitcoin continues strong and set to grow.
Bitcoin started the year at $16,600 but it currently trade at $29,000+.
Any bearish action happening now is only giving ample time for the Altcoins market to recover and grow.
When the Altcoins take their break, Bitcoin will move up and produce its next high... Mark my words.
The bullish wave is not over, see my two previous trade ideas for Bitcoin if you want additional information.
Thank you for the follow and for your continued support.
The Altcoins are hot right now, it will only improve as the month unfolds.