we finally seeing the calm before the storm and with a very likely EFT decision coming on the 5th November we may see some decent fireworks for this event
so with this in mind, could set off the bull market
to do this we need to break 6500, 6800 and go well clear of 7k within 48hrs of after approval, momentum and strength is still key here
if all 9 ETF's are refused then expect it to dump and start seeing lower 6k areas being tested and possibly lower...
if buying in at the lows keep a tight stop loss but watch out for squeezes on , i think SL just under 6k would be very safe place
good trade to you all
5th November Poem remix...
The fifth of November,
The SEC may reason and plot;
I know of no season
Why the SEC won't be reasoned and why
Bitcoin can never be forgot!
Satoshi and his companions
Did the scheme contrive,
To blow up the Fiat and Bank lots
All up alive.
Threescore tickers, laid below,
To prove old NWO overthrow.
A stick and a stake
For King Bitcoins sake!
If you won't give me one,
I'll take two,
The better for me,
And the worse for you.
A rope, a rope, to hang the Fiat Pope,
A penn'orth of cheese to choke him,
A pint of beer to wash it down,
And a jolly good fire to burn him.
Holloa, boys! holloa, boys! make the bells ring!
Holloa, boys! holloa boys! God save the King BTC!
Hip, hip, hooor-r-r-ray!
overbought atm but good for more upwards movements today
can we form a inverse H&S on the daily?