emehoke

BTC. Way too early predictions: May have put in the final low.

Long
CME:BTCM2021   BITCOIN FUTURES (JUN 2021)
Bitcoin put in another buy reversal pattern for the bold buyers out there. When price wicks down and gets sent back sharply back up that is a good sign.

In the meantime, the wedge continues to stretch to the right, and we now have a triple tap near the wedge bottom. I don't understand the psychology behind the triple tap, but it's one of those things you take on faith after seeing it a few times.

Does anyone know the story behind the triple touch? Is it a "third time is the charm" type of deal?

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I do think bitcoin is a good buy right now. It could go lower, but my assessment of crypto at the moment is that any bad news is just a cheap trick to keep small buyers away.
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