alecvalas

BTC getting Ready for a BIG move

COINBASE:BTCUSD   Bitcoin
BTC forming another large wedge pattern with higher bottoms and lower tops. You can bet that this means a volatile move is coming. I'll be waiting for the bollinger bands to contract some more, then I will set Buy stops and Sell stops to catch the wave whichever way it breaks. Personally, I think with all the positive news out lately regarding institutional money coming in and the breakout of our 4 month downtrend that it be a bullish move. But we will see.

Cheers
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