Another Bitcoin Shakeout - What Does It Mean?

This is positive news.

We have another shakeout, the miners, the whales, the market makers are trying to shake people out of their hands but why?

It is very likely that Bitcoin is going to move up soon and that's the reason for the long wicks/shakeouts.

It also happens to kill LONGs (long-squeeze).

Now, Bitcoin can still go lower, move back up and go sideways (more consolidation) before the next jump.
The intention is make people doubt to get them off their coins.

Hold patiently.
Hold, hold, HODL!

Don't worry about the shakeouts, these can be good news since compared to 12-May we still end up with a higher low.

Also notice how fast people are buying up.

It is all good for us... Soon it is the bulls turn.

Just be patient.

It can be just a few days and we start to grow.

It can take a week or two at the maximum...
Do you agree?

Out of crisis/despair, growth/opportunity comes.

Be strong.
Peace, Light & Love!

Namaste.