As Bitcoin trades above $80,000, always conditions are bullish

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As Bitcoin trades above $80,000, always conditions are bullishBitcoin / TetherKUCOIN:BTCUSDTMasterAnandaIt is not over, the action continues to happen above support. $80,000 has been challenged once more and it holds. A wick reached lower. A new support level was tested in the form of EMA377, a long period moving average with a reading of ~$79,000. This is interesting. It is interesting to see Bitcoin moving sideways close to resistance, we saw the same recently on several altcoins before the market reached a peak this month. Many projects were bullish and growing until a strong barrier stopped all bullish action, then we saw consolidation right below resistance and this certainly produces a bearish setup, but then we have to consider the context of the signal and situation. Needless to say, Bitcoin's hyper-bullish bias continues active and valid. The longer Bitcoin trades above $80,000, the stronger the current sideways range becomes. The longer Bitcoin hovers around this level, the stronger in the future it will work as support. Make no mistake, Bitcoin will clear this hurdle and move higher, much, much higher, and we believe this to be great. I looked at Ethereum recently and the chart was quite interesting because it is different to Bitcoin. While Bitcoin hit a new high last month and has been sideways a little over 30 days, for Ethereum the sideways period goes beyond 2 months and that is a huge distinction, you should read this article it makes all the difference. Bitcoin and Ethereum, when a decision point is reached, the signals they tend to give are mixed. Bitcoin does a new all-time high and Ether a double-top. Bitcoin does a double-bottom and/or lower low and Ethereum does a higher low. Then we won't know which one is to be followed; which is one is right and which one is wrong, unless we dive deeper of course. These are just two. What if we look for the same signal on 10 or 20 or even 100 of the top altcoins, what do you think will happen? We will develop a great picture of the market. This picture we build into a map, this map we follow as long as it works. The moment the map goes awry, we adapt to market conditions. We don't fight the market or the trend, we adapt to what is happening. The map is saying, "Bitcoin is going up." Based not only on BTCUSDT and ETHUSDT, but I already did the hundreds of altcoins and then comes price action: "As long as Bitcoin trades above $80,000..." Thank you for reading. Namaste.