confirmationbias
Long

9500 squeeze pump and now another, nice breakout!

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
This 50ema/200sma really squeezes beautifully on the 1hour timeframe.

From my previous chart on halvening patterns I said the 9000-9500 range was the bottom and ive been DCA every other day and had 10&25x margin trades. ETH have been a good buy aswell.

We had a macro triangle structure that looked to bring us down to 5-8k range and that is still 10-20% viable to be fair, we could go down and test 10k and 5k if btc is lame but hey ill just buy 2x the amount cause long term this is super bullish .


Heres the halvening breakout charts.

2012

2016


2020

Comment: weekly BLX

Comment: eth daily 200sma, above=bullish
Comment:

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