Hey guys FaZe_B1tC0inGoDx here with another Bitcoin let's play, so what we're gonna do is fall until we hit the nest of weekly closes at 3k-2.5k, then woah Bakkt launched and we're back at 6k (its just like coinbase lunar rally???). After that idk, but halving is in 548 days. In case of global recession, break chart.
The left bar pattern is the first bitcoin bubble to $32. There are very few charts where the price consolidates a range this long, breaks down and is able to move back up through it within a year (or ever). The ETHBTC recovery is a really strange one but it fits (right bar pattern). Keep in mind Litecoin halving (258 days) and Bitcoin Cash halving (a few months before BTC at this rate) as these will coincide with market volatility as Wu and Ver try to bail themselves out of their illiquid investments.
Hang in there. See previous chart in related ideas.
The left bar pattern is the first bitcoin bubble to $32. There are very few charts where the price consolidates a range this long, breaks down and is able to move back up through it within a year (or ever). The ETHBTC recovery is a really strange one but it fits (right bar pattern). Keep in mind Litecoin halving (258 days) and Bitcoin Cash halving (a few months before BTC at this rate) as these will coincide with market volatility as Wu and Ver try to bail themselves out of their illiquid investments.
Hang in there. See previous chart in related ideas.
Order cancelled:
fuck this lmao
Comment:
successfully faked my own trading death at the exact bottom so no one will come after me this bubble
Trade closed manually:
I'm happy with this
