On chain metrics show whales are coming in to buy, including Do Kwon and the Luna UST treasury reserve stating they will buy $3 billion in Bitcoin , and have already bought half a billion in $125 million batches.
An obvious pattern on the charts is the timing of "green dildos," big green candles with a choppy consolidation in between them.
Here we have a 4-hour chart, and the consolidation candles between significant pumps has been 12 to 19 bars, so 48 to 76 hours.
If this pattern continues, we are due for another green dildo in about 4 to 28 hours, and if it matches the average size of the previous ones, it will get us through $45K resistance without a retest as I previously expected. As such, I'm changing my strategy to buy some now, and save some powder in case of a drop to $42-43K.
I'm just eyeballing this, nothing scientific or measured, but it looks like a clear pattern to watch.
Good luck, enjoy, and do something kind today! Starting with liking this post if you got any value or entertainment from it.
An obvious pattern on the charts is the timing of "green dildos," big green candles with a choppy consolidation in between them.
Here we have a 4-hour chart, and the consolidation candles between significant pumps has been 12 to 19 bars, so 48 to 76 hours.
If this pattern continues, we are due for another green dildo in about 4 to 28 hours, and if it matches the average size of the previous ones, it will get us through $45K resistance without a retest as I previously expected. As such, I'm changing my strategy to buy some now, and save some powder in case of a drop to $42-43K.
I'm just eyeballing this, nothing scientific or measured, but it looks like a clear pattern to watch.
Good luck, enjoy, and do something kind today! Starting with liking this post if you got any value or entertainment from it.