Now, I don't think that's going to transpire, but I do genuinely believe that Bit coin has impressed us earlier. And remember that. U M, this full bull jog proved to be a huge surprise for all those. Nobody expected that. If a person asserts they expected this bull rush when we're down at $4,000, they are lying. No one expected .
So, uh, I'm expecting a bull's run to 24,000, but. As I said, Bit-coin has impressed us before. I believe it is crucial to remember that your Bit-coin with is arriving and maybe it isn't planning to function as 24,000 let us say it really is 18,000 perhaps it really is 16,000, whether it be 40,000 that's however a massive bull jog whenever we see that in the next few weeks here.
So, um, yeah, I personally think that we are looking at very bullish over the weekly and monthly interval. I still think it's possible that individuals could see correction in there's more short-term. Don't forget guys the following on the CME futures graph which. Uhwe really do in fact possess a gap, uh, un-filled down in eight point 5,000. And I do desire to mention that these gaps, they do have a very, very large accuracy to being filled.
Yeah. I only want to point that out until we become overly bullish in the fast short term. Uh, however, however what I'm attempting to say is the fact that for the longer term, I think we are very, quite bullish irrespective of if people find a correction or maybe not in theuh, in the short term . Thus, uh, we're looking for men.
What about the previous corns? Study this graph. This could be the Bit-coin dominance. And bear in mind what I've mentioned, we're within a uptrending channel telling us that the old principles have been deflating. But consider this, this very, very important service lineup. Is right now maybe becoming broken. That really is simply weekly timeframe, also this each week candle is breaking below this support.
What does this imply? Effectively, it follows that the possibility of an old corn year has become uh, significantly enhanced. What I'm saying is that an old coin time is appearing increasingly longer. Likely as the Bit coin dominance breaks below that amount, as we've only observed these kind of consolidations, right?
U M, but if we really do observe us breakthrough vital market structure here, then it really is very possible that the previous coins will begin pumping. Uh, I'm not saying that's a guaranteed fact with today. I think that people're still, '' I still want to observe a little bit longer of some of the moving on here. Let's just think for a moment this is the Bitcoin dominance, also whenever this goes right down, which means that the aged are pumping.
So this really is an older coin flourish, also this is an older coin do very well. It truly is of class, quite, extremely tempting to wants to attempt to decide on the exact top, however, you can very, very rarely do so. After which it is very difficult. That which you would like to do is you want to, you want to capture this tide when it's recently. Started to reverse, and exactly the same goes right later.